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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

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Post by diggingdeeperon Mar 15, 2013 11:59am
275 Views
Post# 21135541

Avanza shareholders are the only hope

Avanza shareholders are the only hope

From what I understand, the shareholders who bought through Avanza hold up to 12% of the outstanding shares of the company.  In effect, they control the company if they want to - there is no other significant block.  From what I hear there are a few shareholder activists among them, who are ready to take action.  The trick is finding out who they are - is anyone following the Avanza site? Someone should start a thread on the Avanza site, to rally votes for the next meeting.  But this also means having a new Board slate and Management ready to go into this crisis-ridden company.

I don't know why Waplan's latest comment of "This doesn't effect us at all" when discussing the TSX delisting upsets me more than all the other catastrophes that have come before it, but I can't believe that someone would have such a cavalier attitude when shareholders who have funded and supported this company lose their trading platform.  But he should remember that even if they can't trade their shares, they can still vote them.

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