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NevGold Corp 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 E30S14on Sep 04, 2024 11:35pm
240 Views
Post# 36209247

TSN Turning Point?

TSN Turning Point?

Kudos and congrats to Brandon Bonifacio and his team for raising significant funds in what has been a difficult market for most junior mining companies. The fact that this was achieved without diluting existing shareholders is very impressive, and demonstrates how creative and innovative they are.

Despite my two month bashing spree, I still contend that NevGold is one of the better junior mining companies out there, based on their high quality portfolio of gold and copper projects in Tier 1 jurisdictions, as well as their astute management team who have a proven track record of success.

However, the jury is still out for the stock, NAU.

Perhaps now, with everything NevGold has lined up and access to available funds, this could finally be the proverbial "TSN Turning Point" for how the stock NAU performs going forward from here (although it's still extremely annoying to see the big spread between the Bid and Ask).
 

$0.330
0.04 | 
13.79%
Bid:  0.280 x 15,000 Ask:  0.320 x 20,000 Volume: 108,177
CAD  |  TSXV  |  DELAYED  |  MARKET CLOSED  |  SEPTEMBER 04, 2024 03:51:00 PM EDT


We need some more positive news. Hopefully, this can happen sooner than later. Summer break is over now and everyone should be back to work. Let's go NAU.

GLTA

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