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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 22, 2012 3:28am
343 Views
Post# 19565125

RE: RE: RE: RE: RE: RE: NAU's code of ethics

RE: RE: RE: RE: RE: RE: NAU's code of ethics

The knowledge the financing was going forward, not the bank loans would explain PAS dumping of 10 million shares since July, as they knew they could reload with the giveaway shares. I imagine the precious few shareholders who were included...also knew to keep dumping. Management sure bungled this up. Needing to raise 500 million, let's do 700 at a 45% discount....We've already wasted 22 months, no sense waiting for the DFS to prop up price with less dilution...those small shareholders wouldn't even feel the slap in the face...and PAS would hardly make any profit that way. Can't have that.

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