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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 unclesam2on Feb 07, 2013 4:58pm
359 Views
Post# 20954797

RE: RE: big boys trying hard ..

RE: RE: big boys trying hard ..

DomNorth wrote:

"yes i will sell but only for 1 dollar.  who gives his share alrady for no money?"

Good luck with that Dom... However, considering the financial circumstances that this company is in currently, and the price that the current share is trading at, ...think logically, why would a new buyer pay a premium for this POS ??... All the odds are stacked against them at this point... I agree with Sysaphus that the market is trying to value this stock around .12 to .13 cents in case of a takeover.Bankruptcy is still a very strong probability here...

Be Careful with this one.... (Look up what happened to Oilexco (OIL on TSX) a couple of years ago. This story is eerily similar to that one !!

 

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