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Bullboard - Stock Discussion Forum NevGold Corp V.NAU

Alternate Symbol(s):  NAUFF

NevGold Corp. is a Canada-based exploration and development company. The Company is targeting large-scale mineral systems in the proven districts of Nevada, Idaho, and British Columbia. Its projects include Limo Butte Property, Nutmeg Mountain Property, Cedar Wash Property, and Ptarmigan Property. The Company’s Limousine Butte Property is located in east-central Nevada approximately 105... see more

TSXV:NAU - Post Discussion

NevGold Corp > Beware - Gold Mining Inc. is the largest shareholder of this
View:
Post by GoldInsect777 on Apr 25, 2023 6:27pm

Beware - Gold Mining Inc. is the largest shareholder of this

For those who don't follow the pump and dump scam company, Gold Mining Inc. is the largest shareholder of Nev Gold. Gold Mining Inc. has done a spin out of it's royalties in 2021 and has just completed spinning out one of it's copper/gold projects. Both spinouts are to zero benefit to any of Gold Mining Inc's sharelholders - management is just paying themselves with it and using marginal amounts to pretend like they are doing work on their crappy South American toilet assets. The property that Nev Gold is optioned for with Gold Mining inc. may be the only asset of value that Gold Mining inc. even has after it's spinout of their other copper/gold project. 

If Nev Gold were to appreciate considerably, I would be worried about a major dump by GLDG.
Comment by goldstd69 on Apr 25, 2023 9:49pm
I would think GLDG would hold tight to NAUFF as it is their primary asset...
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