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NeXGold Mining Corp V.NEXG

Alternate Symbol(s):  NXGCF

NexGold Mining Corp. is a gold-focused company with assets in Canada and Alaska. Its Goliath Project, which includes the Goliath, Goldlund, and Miller deposits, is located in Northwestern Ontario. The Goliath Gold Complex refers to a prospective 65 kilometers (km) trend in approximately 330 square kilometers (km2) land package comprised of three distinct projects located within the Wabigoon-Greenstone belt in the Dryden-Sioux Lookout Area of northwestern Ontario. It also owns several other projects throughout Canada, including the Weebigee-Sandy Lake Gold Project JV, and grassroots gold exploration property Gold Rock. In addition, It holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver volcanogenic massive sulfide ore (VMS) project, located adjacent to tidewater in southeast Alaska. The Gold Rock Property is located 38 km south of Dryden, Ontario. Its has 100% interest in five properties: Texas Creek, Cantoo, Mineral Hill, Rooster and Casey, totaling 7,920 ha.


TSXV:NEXG - Post by User

Comment by marketsenseon Jul 26, 2024 8:08pm
102 Views
Post# 36150763

RE:RE:RE:No hangover morgan

RE:RE:RE:No hangover morganBlunt but well said NF.  Any of the little guys left are bleeding and anxious over what
little equity they've got left.  This deal is at the stage where there's barely a puse beat.
Investors are tired and depressed.

What I keep wondering is why Giustra got involved.  I doubt it was to lose money
and take a tax write off.  He already has $250m write off through the Pure Gold take
over.  He did it to create something.  You either believe it or not.  That said it is going
to take a lot of patience,  something that is in very short supply right now.
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