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NevGold Corp NAUFF


Primary Symbol: V.NAU

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 E30S14on Apr 23, 2023 8:42pm
77 Views
Post# 35409738

RE:More Nutmeg Mountain drill results..HUGE

RE:More Nutmeg Mountain drill results..HUGE

Hang on to your shares folks. NAU is going to make us a lot of money this year and beyond.


The share price made a nice move from 0.40 to 0.46 after the release of these exceptional drill results from Nutmeg Mountain. And even managed to close higher by 0.01 the day after despite a big down day for the price of gold. By the start of the next trading week, the short term share price upside for NAU seemed to run out of steam. Not too surprisingly.

I decided to sell some of my position at 0.47 last Monday, but wished I sold it all and bought back at lower prices.

I still truly believe the longer term upside potential for NAU is significant. But it never hurts to sell on any upswings and buy back your position on the invariable pullbacks.

Good luck to NAU traders and longs.

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