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NevGold Corp T.NAU


Primary Symbol: V.NAU Alternate Symbol(s):  NAUFF

NevGold Corp. is a Canada-based exploration and development company targeting large-scale mineral systems in the districts of Nevada and Idaho. The Company owns a 100% interest in the Limousine Butte and Cedar Wash gold projects in Nevada, and the Nutmeg Mountain gold project and Zeus copper project in Idaho. The Limousine Butte Project is located within the Basin and Range physiographic province of east-central Nevada. The deposits of the Limousine Butte Project are Carlin-type deposits, sediment-hosted, with disseminated gold. The Nutmeg property consists of approximately 1,724 hectares and comprises 210 federal unpatented lode mining claims, 12 patented claims, and two leases of private land. Its Cedar Wash project is a high-potential, advanced exploration prospect located in Lincoln County, 75 kilometers southeast of Pioche, on the southern flank of the Clover Mountains. Zeus copper project is approximately 40 kilometers northwest of the Nutmeg Mountain gold project.


TSXV:NAU - Post by User

Comment by jaysbc44on Feb 13, 2012 3:32pm
258 Views
Post# 19527321

RE: RE: 205 million shares at $1.21. LOL

RE: RE: 205 million shares at $1.21. LOL

How can management set financing at 40% discount, the issue price closed at 10% premium, yet Anders and the boys don't set financing at $1.32. Absolutely criminal how management views us Non Pareto shareholders....pawns. Has anybody got an answer from management about several banks were interested if Sr.banks failed. Would love management to explain, how PAS can short us(who in their right mind, would continue to short after a 40% increase, especially when a DFS in expected, and financing to be closed)yet they blow out 2.5 million in Jan.....and have the option to re purchase at 40% discount. Inside information anyone???? These untruths by management, and unwillingness to move to a real exchange has to be addressed, probably too late as PAS once again, screwed us shareholders over, yet continue to be rewarded. If management hadn;t continually lied, I as Farrouk, would have sold out. Love to hear how distribution of shares were awared. The PAS dump will be in full swing...on their next buy reco. Management has to be investigation. Although in Oslo not likely to happen.

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