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THUNDER BRINGS THE NEWS
Sent: Fri Aug 31 2018 6:00:57 PM EDTBusinessWire, GlobeNewswire and PR Newswire News
Nevada Gold Corp NVGC:Grey Market
True Eagle Energy Drink Now Available At Select Terrible Herbst Stores
PR Newswire
6:00 PM ET
Help support Nevada Gold Star Families with True Eagle, an energy drink that gives back 10% of proceeds to The Folded Flag Foundation.
True Eagle Energy Drink is now available at select Terrible Herbst stores and is kicking off with an amazing promotion! Now through Veterans Day 11/11/18, everyone will have a chance to win 4 VIP tickets to a Vegas Golden Knights game by entering the code on your receipt at Terrible Herbst, when you pick up a 12-pack case of True Eagle for just $19.99 at participating stores. Store list available at TerribleHerbst.com or TrueEagleUSA.com
Suggested Twee t:Help support NV Gold Star families with @foldedflagorg by buying a 12-pack case of @TrueEagleUSA Energy Drink now available @TerribleHerbst for just $19.99 and enter to win 4 VIP tickets to @GoldenKnights from now until Veterans Day.
About Terrible Herbst @TerribleHerbstTerrible Herbst, Inc. was founded in 1959 and consists of over 40 Car Washes, 21 Lube Locations, and more than 100 Convenience Store/Gas Stations in the Las Vegas area. For quality gasoline and convenient, value-priced beverages, cigarettes and more, stop by any of our convenience store/gas station locations! Visit TerribleHerbst.com for more information and listings of Terrible Herbst, Inc. locations.
About The Folded Flag Foundation @FoldedFlagOrgThe Folded Flag Foundation is a non-profit, 501(c)(3) organization committed to honoring the legacy of our nation's fallen military heroes by helping their families with financial support for education. The Folded Flag Foundation proudly gives 100 percent of ALL donations to families in need. For more information on the Folded Flag Foundation, including how to make a donation to support this cause, please visit www.FoldedFlagFoundation.org
About True Eagle Energy Drink @TrueEagleUSATrue Eagle is a "made in USA" Energy Drink that gives 10% of its proceeds to support the families of our fallen heroes through The Folded Flag Foundation. True Eagle has made it its mission to help turn thing s around for our country's bravest and their families. True Eagle is the ONLY beverage that has dedicated its mission year-round to give back to Veterans and their families.
For more information on True Eagle and store locations please visit TrueEagleUSA.com
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SOURCE True Eagle
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NVGC SEC Admin Proceeding for severely delinquent Financials/Filings:
https://www.sec.gov/litigation/admin/2017/34-81666.pdf
NVGC - Anything you can share on your DD?
Thank you
Has anyone heard anymore from this company? I haven't heard or seen a thing in months.
Could get interesting here. Doing some major DD on this.
This is crap and this company still hasn't returned any of my emails. What crap.
Not a dang thing.
I haven't heard a thing. I emailed the CEO this morning asking for some info but haven't heard anything from him yet. I'll post as soon as I do.
Any update on those Dastardly Shorts?
NVGC is "SKULL AND BONES" at OTC Markets.
http://www.otcmarkets.com/stock/NVGC/quote
Thanks for the info.
They are not suspended - by law, the SEC can only suspend for 10 days. But they are kicked to the gray market, which is not much of a trading market. An no MM will file a new 15c2-11 to resume quotation while they are under active SEC investigation.
This is just a basic exploration company. And not a very good one. Even in the area around them in Nevada are numerous other exploration companies with much better management and prospects that are not under SEC investigation.
I thought they weren't suspended anymore? I remember them saying that they didn't do it and was allowed to trade again? I guess I was misinformed.
What kind of updates do you expect? It is an early-stage exploration company that used illegal estimates to pump and dump the stock, which is why it was suspended by the SEC and sent to the gray market. Except for the illegal stock promotion, it is no different than thousands of other early-stage exploration companies.
For those unfamiliar with mineral exploration, 99.99% of exploration properties end up worthless. And, even if they do buck the odds and find something of value, the average time from discovery (which NVGC has yet to make) to mine opening is 17 years. Mineral exploration and production is not quick, cheap, or easy. No matter what the stock promoters claim.
Anyone know what is going on with nvgc? I have sent them an email asking if they had any updates but haven't heard anything from anyone yet.
do you mean this?
SYMBOL CHANGES
DL Date Date Old Symbol New Symbol/Name
9/6/2012 9/7/2012 MSXP NVGC Nevada Gold Corporation Common Stock
Why is there 2 nvgc tickers listed on 2 different markets? I'm just curious.
I notice there have been NO updates from the company.
Any update regarding the "adequacy and accuracy of information provided by ourselves" that caused the suspension?
It is not what I "think" - it is what the facts say. There are not millions of shorts in the stock. The factual information proves otherwise.
http://www.otcbb.com/asp/OTCE_Short_Interest.asp
And the audited financial statements and SEC filings say this stock is a grossly overvalued company that was promoted to prices far beyond any reasonable value.
There is no significant short position in NVGC.
http://www.otcbb.com/asp/OTCE_Short_Interest.asp
At the time of the suspension it was 409,062 shares. It is likely the reason for the unusual strength in the stock price post-suspension is the short investors covering their position. Once they are done covering that relatively small short position, the stock price will likely fall. There are not many legitimate investors willing to purchase shares in an already suspended grey market stock that is under active SEC investigation.
And the idea that shorters can somehow convince the SEC to suspend a stock is absolutely ridiculous. Just like the claims there are millions and millions of shorts in a stock.
Sorry traders there are many companies that come back to trade when on the grey trading, that is a lie about not being able to trade again, the shorters probably sent many negative message to the SEC to try and cause NVGC to have a black eye they are millions of shares short , Moses can not raise money without being able to start trading again, alot of the negative information will be from shorters it means millions to them that NVGC does not trade again, but oh wait until it does they will have to cover millions of shares, NVGC will trade again
He's right. It is extremely difficult to get off the grey market. I am only aware of two companies that have done it in the last three years. I got into a stock (and am still in it) that was regulated to the grey's a little over a year ago. I did ALOT of research into the grey market. Here is the gist:
From the last information that I read (And sorry, I tried to find the original documentation but was unsuccessful.), the SEC is telling companies that wish to move off the Grey market to file two years worth of audited financials. They do not want the companies to go over the prior two fiscal years and have them audited, but want the company to operate for two years and file audited financials for the upcoming years. Most companies cannot complete the task. They are share selling scams. They simply go bankrupt as they cannot fund operations without selling shares.
The SEC has been telling this to companies because, as of late, suspensions have become more and more frequent. If they are a legit company, the SEC wants them to find a way back, but wants assurances....hence the two years worth of audited financials.
If you're not willing to sell for a loss and genuinely believe in the company, I would anticipate about a 1.5 - 3 year (depending on when their fiscal year report is due and how long it takes to have their financials audited....it does take a while)wait before any movement to a different tier would occur.
Good Luck!
Maybe one company in recorded history has successfully returned to life after being on the Grey sheets.
This was suspended and sent to the Greys for a reason, it's not something the SEC does lightly or without extreme cause.
You should research Form 211 (SEC Rule 15c2-11). Start here:
http://www.otcbb.com/faqs/otcbb_faq.stm#211
The short version of the story is, they're going to have to provide audited financials before any market maker will touch them. We all know THAT ain't gonna happen.
My mistake.... "Off" the gray market
They're already ON the grey market, nothing is required to get them back there.
Do you know what it takes to get them back on the grey market? You're pretty pessimistic. Drop some knowledge on us
I notice some action....Drop to .18 c
Are they suspended?
No, that will never happen.
it is having a pretty strong day for a grey sheet, I think once things clear up and they get market makers back on line that we get back to where we were
NVGC opened on the grey market but is trading pretty well today, I am going to hold onto mine for a bit.
Good for you. I sold for .10.
Okay thanks I set my limit order at .15 and it executed
There is no bid/ask visibility on the grey market. Your broker will have to call in for a quote, and set a limit order trade for you. Best bet, look at last, call your broker ASAP.
Don't worry, it will be.
,13 opening, was actually expecting worse
NVGC - News! Nevada Gold Corp. Provides Comprehensive Operational Update
Date : 12/12/2013 @ 7:00AM
Source : GlobeNewswire Inc.
Nevada Gold Corp. Provides Comprehensive Operational Update
Nevada Gold Corp (USOTC:NVGC)
Intraday Stock Chart
Merrill Moses, President of Nevada Gold, Corp. (the "Company") (OTCQB:NVGC), is pleased to announce that the Company has extended its option agreement on the Diamond Jim Mine property, in consideration of the payment of $2,500. The extension now allows the Company to comply with its work expenditure requirements by December 31, 2014.
Given the Company's intention to focus on the Diamond Jim Mine project, the Company has elected not to proceed with the Long Canyon Trend property at this time, and has allowed the option agreement to lapse in accordance with its terms. We are still interested in the Long Canyon Gold trend; however we feel our focus and resources are better served on the Diamond Jim project at the present time. The Company is awaiting results from Chemex Labs in Elko Nevada on its initial samples taken on the Diamond Jim property.
We recommend that our shareholders and any prospective investors rely solely upon the information filed by our Company with the Securities and Exchange Commission, and to visit the Company's website, and not to rely on information provided by third parties. If there are any questions regarding our Company, please contact us as provided below, and consult with a qualified investment professional.
The Company is currently considering and investigating a variety of financing options in order to raise the capital required for the anticipated exploration and drilling programs, as well as expanding its related efforts on the Diamond Jim property as described below.
Diamond Jim Property Summary
The following information in regards to the Diamond Jim Property has in part been compiled from information contained in historical geological reports that predate current disclosure standards. However, much of the information provided in such reports remains material and relevant and we are seeking to duplicate and confirm such previous results.
The Diamond Jim Property is located in the Island Mountain Mining District of northern Elko County, Nevada. Access is by Nevada state highway 225 north from Elko then east on the county-maintained Gold Creek road (USFA road #745) for a total distance of approximately 63 miles from Elko. The property is detailed in the Rosebud Mountain quadrangle (section 34 of Township 45 north and Range 56 east). The mean elevation of the property is approximately 7,800 feet (2,400 meters) above sea level. The 33 lode claims that comprise the Diamond Jim Property are held in good standing and an additional 20 contiguous claims have been staked to cover favorable geology, immediately to the north, bringing the total claim size to 53 claims.
Silver-copper-antimony bearing quartz veins were first discovered on the Diamond Jim Property in 1869. Serious production started in 1954 and was relatively steady through the 1970's with sporadic production continuing through 1985. The recorded production from the Diamond Jim Mine is; 23,108 ounces of silver, 335,870 pounds of lead, 24,311 pounds of zinc, 2,200 pounds of copper and 28 ounces of gold. The reported production between 1966 and 1967 was 347.3 wet tons averaging 19.9 oz/t silver, 15.9% lead, 3.5% zinc, 0.035 oz/t gold and 0.30% copper. This was increased for a fifteen month period from 1979 – 1981 when the production was reported as 353 dry tons averaging 39.08 oz/.t silver, 28.82% lead, 0.93% zinc, 0.05 oz/t gold and 0.11% copper.
Numerous exploration companies have held the rights to the Diamond Jim Property as part of a larger claim block between 1981 and 2006. However, little work has been done on this property with the vast majority of the exploration efforts being directed at the gold potential to the southeast and southwest. In 1985 Columbus Mines Inc. drilled ten holes totaling 1,585 feet (483 meters) of reverse-circulation. With this drilling, they defined a bulk-tonnage resource of 4.25 million tons averaging 2 oz/t silver. It must be noted here, that this drilling was both shallow (90 to 310 feet) and vertical; two factors that we believe may not have properly fully tested the mineral potential. Initial geological mapping by Goodsprings Development Corp. (GDC) in 2006 extended the silicified mineralizing structure for at least 6,800 feet (2073 meters). Based on this mapping, GDC applied for, and was granted, drilling permits to test the extension of the mineralization. Unfortunately, the drilling program was never initiated and this target remains untested.
The regional geology of the Diamond Jim Property area is summarized by predominantly metamorphosed Paleozoic-aged clastic and calcareous sediments that have been intruded locally by Cretaceous-aged granitic rocks. These units are both covered and surrounded by Cenozoic-aged volcanic and volcaniclastic rocks. The Paleozoic sedimentary units have been complexly faulted into a series of imbricate thrust sheets. These have then in turn been broken and displaced by northeast, north, and northwest trending high-angle extensional faults.
This region lies along the northern flank of the Midas Trough Metallogenic Trend which is a part of the crustal-scale Humboldt Structural Zone. This structural zone comprises a series of northeast-trending lateral and extensional faults. The Midas Trough is one of Nevada's most prolific mineral belts. Midas – Ken Snyder and Jarbidge are both among those districts located along the northern edge of the trough, while Ivanhoe and Jerritt Canyon are among those located along the southern edge.
The Island Mountain Mining District, which hosts the Diamond Jim Property, is comprised of two major tectonically-bounded stratigraphic sequences. The lower sequence is an autochthon comprised of three different steeply-dipping units. This is overlain by an allochthon consisting of a "chaotic assemblage of imbricate thrust plates" (Columbus Mines Inc. internal report, 1985). This has in turn then been broken and displaced by northeasterly, northerly, and northwesterly trending high-angle extensional faulting.
There are several Cretaceous-aged granitic plutons that intrude the above mentioned sedimentary and metamorphic packages within this district. The largest of these is the Coffeepot Stock which is located several miles north of the Diamond Jim Property. There are several occurrences of skarn-type mineralization associated with the contact metamorphism to the south of this stock. This skarn-type alteration, along with the wide variety of mineralization and alteration within the area, implies a possible systematic district-scale zonation that may grade outward from the stock into the lower temperature types of alteration that is associated with the silver-lead-zinc mineralization that occurs at the Diamond Jim Property.
Locally, the Diamond Jim Property is situated in an area of structurally and stratigraphically controlled silver-lead mineralization hosted predominantly in the phyllite. This area is very structurally complex and poorly understood. The main structure is a northeast trending strongly silicified and brecciated vein that dips steeply to the west. Initial mapping indicates that this structure has a strike length of a least 6800 feet (2073 m). The high-grade epithermal mineralization is reported to be predominantly along imbricate thrust faults that occur at right angles to the main contact vein. That is, northeast striking with dips of 20 to 30 degree to the southeast. The silver mineralization occurs as argentiferous galena, sphalerite and tennantite as cavity filling, minor replacement pockets, stringers and replacement lenses.
Although there has been some minimal and sporadic exploration of the Diamond Jim Property, it is evident that the majority of the modern exploration efforts in the area have been focused on the more gold-rich areas to the southeast and southwest, much to the detriment of this property.
With the reported historical production and grades, the more recent high-grade assay values (up to 19.1 oz/t silver and 14.04% lead over a 3.7 foot interval), along with the numerous other wide-spread high-grade and anomalous intercepts, and extensive (6,800 foot strike length) silicified and brecciated structure, it is believed that the over-thrust zone and the related veins are widely mineralized and may host a sizable narrow high-grade silver deposit. Evidence also suggests that a smaller scale bulk-tonnage open pittable silver deposit may also exist on the Diamond Jim Property.
Recently the Company has commenced a phase one exploration program on the property consisting of prospecting, sampling and claim staking. The Company has made application to the Forest Service for permission to open up the underground workings for geological mapping and sampling. In the months ahead, weather permitting, the Company intends to conduct ground geophysical surveys and geochemical sampling to be followed by drilling.
About Nevada Gold Corp
Nevada Gold Corp (OTCQB:NVGC) is a publicly traded US exploration company focused on precious metals targets in the gold rich area of North Eastern Nevada. To date, Nevada State has produced over 200 million ounces of gold with Nevada accounting for almost 84% of the US annual gold production. Most recently the company has a acquired an option to earn a 75 percent interest in the former producing silver/lead and gold mine called the Diamond Jim Mine located in Northern Nevada State.
The Diamond Jim Mine in Elko County consists of 53 claims and is located in northeastern Nevada, 20 miles (32 km) south of the Idaho border, 69 miles (111 km) north of the city of Elko and 260 miles (418 km) northeast of the city of Reno. The property lies on the easterly end of the northeast-trending Midas trend, one of Nevada's several important epithermal gold belts. The Midas trend hosts a number of significant to world-class gold districts such as Midas-Ken Snyder Mine and the Jerritt Canyon Mine (recently produced its 8 millionth ounce of gold). These mines produce mainly from epithermal vein systems favorable for small but profitable high-grade operations and Carlin-type sediment-hosted deposits amenable to large-scale open-pit bulk mining.
Company Website: http://www.nvgoldcorp.net
Like us on Facebook: https://www.facebook.com/NevadaGoldCorp
Notice Regarding Forward-Looking Statements:
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, that the company will be able to complete the terms and conditions of the option agreement for the acquisition of an interest in the Diamond Jim property, that the mineralization of the Island Mountain Mining District, or any other districts in the region such as the Jerritt Canyon district, may be similar to that on the Diamond Jim property.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
CONTACT: 2683 Via De La Valle
Suite G418
Del Mar, CA 92014
Contact for SmallCapVoice.com:
Phone: 512-267-2430
Email: info@smallcapvoice.com
Tomorrow is the day we all get crushed. GL!
It hasn't, but there seems to be some who think NVGC might actually turn over a shovel full of dirt.
as for halts look and see what it did for BOPT.
With NVGC saying the SEC is full of it:
As for production, what source even gave a hint that they could produce anything?
Since when has actually producing something been important for floating a successful penny "mining stock"?
That makes Pollyanna look down right curmudgeonly.
That is going to take one hell of a reverse split to get to $1.00.
As for production, what source even gave a hint that they could produce anything?
That PR isn't going to make NVGC any friends at the SEC. Especially because it should be obvious to NVGC that quite of bit of their own disclosure prior to the halt was not allowed under US securities regulations. Claiming it is OK is complete ignorance, stupidity, or arrogance. None of which will fly with the Commission.
Nevada Gold Corp Addresses United States Securities and Exchange Commission's Temporary Suspension of Trading Nevada Gold Corp Securities
GlobeNewswire
Nevada Gold Corp December 3, 2013 4:28 PM
DEL MAR, Calif., Dec. 3, 2013 (GLOBE NEWSWIRE) -- NEVADA GOLD CORP (NVGC) -- We have become aware that the United States Securities and Exchange Commission has issued a temporary suspension for the trading of our company's securities, citing the adequacy and accuracy of information provided by ourselves and others in regards to our assets, operations and financial conditions as the reason for our trading suspension. While we cannot comment on the information provided by third parties in regards to our Company, we are of the view that our disclosure documents and press releases accurately describe our assets, operations and proposed activities. We look forward to the resumption of trading on December 12, 2013 so that our shareholders will not continue to be disadvantaged by the trading suspension.
We strongly urge any prospective investors to obtain advice from a qualified investment professional prior to making any investment in our Company.
About Nevada Gold Corp
Nevada Gold Corp (NVGC) is a publicly traded US exploration company focused on precious metals targets in the gold rich area of North Eastern Nevada. To date, Nevada State has produced over 200 million ounces of gold with Nevada accounting for almost 84% of the US annual gold production. Most recently the company has a acquired an option to earn a 75 percent interest in the former producing silver/lead and gold mine called the Diamond Jim Mine located in Northern Nevada State.
The Diamond Jim Mine in Elko County consists of 53 claims and is located in northeastern Nevada, 20 miles (32 km) south of the Idaho border, 69 miles (111 km) north of the city of Elko and 260 miles (418 km) northeast of the city of Reno. The property lies on the easterly end of the northeast-trending Midas trend, one of Nevada's several important epithermal gold belts. The Midas trend hosts a number of significant to world-class gold districts such as Midas-Ken Snyder Mine and the Jerritt Canyon Mine (recently produced its 8 millionth ounce of gold). These mines produce mainly from epithermal vein systems favorable for small but profitable high-grade operations and Carlin-type sediment-hosted deposits amenable to large-scale open-pit bulk mining.
Nevada Gold Corp plans to conduct an initial surface exploration program as well as seek a permit to reopen the old mine workings to verify previous exploration results. In addition to the Diamond Jim property the company also has an option on another gold property located in Nevada's Long Canyon Gold Trend.
Company Website: http://www.nvgoldcorp.net
Like us on Facebook: https://www.facebook.com/NevadaGoldCorp
Notice Regarding Forward-Looking Statements:
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, that the company will be able to expand its board of directors with members who will be able to assist in raising capital or negotiating future acquisitions, the formation of a Technical Advisory Committee or the activities of such Committee, or that North Eastern Nevada will produce another world class deposit or that we will be a participant in any such discovery, or that past production from the region is any indication of future production.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact:
2683 Via De La Valle
Suite G418
Del Mar, CA 92014
Contact for SmallCapVoice.com:
Phone: 512-267-2430
Email: info@smallcapvoice.com
The goal of $1.00 is in the short term. The Diamond Jim mine is about to go into production. Just wait till the minerals hit the market then watch the price of the stock. You will wish you bought at $1.00.
Good news! After the suspension gets lifted, you should be able to buy at bargain prices.
About time. This was another one of the blatant pumps making ridiculous "billions in the ground" type accusations before they every even spent a penny to explore the property. Was just a way for insiders to pump and then dump.
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http://www.sec.gov/litigation/suspensions/2013/34-70950.pdf
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