NevGold Corp T.NAU

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

Metals & Mining Industrial Metals & Minerals

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.

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NevGold Corp > no delisting entirely

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Comment by seabird1on Feb 11, 2013 3:33pm

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Post# 20970723

RE: RE: no delisting entirely

If I was the largest creditor and could stave off total default I would take 60% Equity and 40% Debt in the conversion of my Receivable. To take control of a (previously.. :( ..) $500m market cap for $50m is a bargain and I would be considered a hero in Sweden. ( read tax breaks to follow ).

its not that hard and they are hard at work on this with some luck.

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