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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 sysaphuson Feb 15, 2012 10:30pm
167 Views
Post# 19540926

RE: RE: RE: Get RID Of These CROOKS

RE: RE: RE: Get RID Of These CROOKS

Correct on all counts.

No question they misled the existing shareholders re the financing. I doubt anything can be done about it though. Glad I got a big chunk out even with a small profit. Will have to wait who knows how long for this to move much after this fiasco of a financing.

Kinda funny in a way cause I really thought the worst was over. I didn't think it could get any worse than the last giveaway. Someone has Nau over a barrel and now Nau has bent us over too.

What I can't figure out is why the placement shares were/are so attractive that they were massively oversubscribed when the bond tanked? Or was that just more Nau 8ull$i*? I suppose we'll see when we find out how much they sold us out for on this new offer.

Makes me wonder what other nastiness have they got up their sleeve? I've definitely marked the Nau crew on my blacklist of companies to avoid if I see their names on the board or management of any company in the future.

 

Well jays I suppose next time you feel about a company the way you felt about this one you'll know to get out while the getting is good.

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