Pala Investments Holdings Ltd takes another chunk of Nevada Copper (NCU.to)

Vladimir Iorich is the Russian billionaire and yer main man at Pala.

Nevada Copper Corp. (NCU)						As of June 22nd, 2011
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Unit Price
Jun 22/11	Jun 21/11	Iorich, Vladimir	Indirect Ownership	Common Shares	11 - Acquisition carried out privately	1,400,000	$5.500

I've kinda lost count, but it must be at or about 20% now.

Round Mountain Gold Mine, Nye County, Nevada, Map and News

Gold production in the Round Mountain district dates back to 1906. A hundred years later, Round Mountain mine reached the significant milestone of 10 million ounces poured, achieved over a 20-year period.

Click the figure below to explore the geometry of the Round Mountain Gold Mine, through the interactive satellite map.

Zoom at: Round Mountain Gold Mine.

Evolving Gold (EVG.v): Keeping the Wolfus from the door

Some very strange stuff going on around the heavily pumped (by none other than arch-bullshitter and market shiller Peter Grandich, surprise surprise) gold explorer, Evolving Gold (EVG.v).

All in one day we've had the company filing its quarterly reports, issuing results from the latest round of drilling (that has good grades and might impress...right up til you see how deep the intersects were found) and then getting a lawsuit slapped on its ass by one of its own directors!

Hi Danny!

Here's the funstuff from that NR:

VANCOUVER, Feb. 25 /CNW/ - Evolving Gold Corp. (TSXV: EVG) (FSE: EV7) (the "Company") reports today that Daniel E. Wolfus, a director of the Company, has commenced a lawsuit against the Company, in the state of California claiming fees of approximately $300,000 allegedly owed to him in respect of the Company's recently completed private placement.

It is the Company's position that Mr. Wolfus in his capacity as a director of the Company is not entitled to remuneration as a "finder" or broker in respect of any private placement of securities. The Company intends to defend the claim vigorously. The directors and management of the Company believe that the claim being made by Mr. Wolfus is groundless as no agreement or understanding existed to pay Mr. Wolfus a success or finder's fee, and to do so would require the Company to contravene the TSX Venture Exchange policies.

The Company has not yet filed any defense in respect of the action and is considering with legal counsel its options in respect of jurisdiction and defenses. The directors have requested that he resign his position as a director, due to the obvious conflict of interest represented by Mr. Wolfus' lawsuit against the Company.

Now perhaps I'm jumping to conclusions, but would this Daniel E. Wolfus be in any way related to the Daniel Edward Wolfus who's been bailing his stock hand over fist recently at prices way higher than today's 77c (when trading was halted this AM)?

Evolving Gold Corp. (EVG)						As of February 24th, 2010
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Unit Price
Feb 23/10	Feb 23/10	Wolfus, Daniel Edward	Direct Ownership	Common Shares	10 - Disposition in the public market	-293,000	$0.918
Feb 23/10	Feb 23/10	Wolfus, Daniel Edward	Direct Ownership	Common Shares	10 - Disposition in the public market	-2,000	$0.910
Feb 23/10	Feb 22/10	Wolfus, Daniel Edward	Direct Ownership	Common Shares	10 - Disposition in the public market	-55,000	$0.930
Feb 23/10	Feb 22/10	Wolfus, Daniel Edward	Direct Ownership	Common Shares	51 - Exercise of options	350,000	$0.440
Feb 23/10	May 28/09	Wolfus, Daniel Edward	Direct Ownership	Common Shares	00 - Opening Balance-Initial SEDI Report

Funny how these things kinda happen at the same time, innit? Looks like another Grandich sheep-shearing exercise went on here. I hope Cal's paying you well, Peter.

UPDATE: This is how the cute bullshit spilled from the Grandich less than a fortnight ago:

Evolving Gold (EVG-TSX-V $.91 ) – Outside of a significant drop in metals prices and some unknown calamity that occurs on its project in Wyoming, I don’t see much downside risk in the current share price.

Here we are, two weeks later, 15% lower, heavy inside selling and the caca hitting the ventilador in the boardroom. What say you, oh wise owl?
Yes indeed retailers, you've been Grandiched again. Break out the KY Jelly

Fronteer Development (FRG) (FRG.to): A very interesting chart

If you're really feeling bullish about the future of the world look where this quality miner play was just two years ago....and look at the price it just printed yesterday.

click to enlarge (gets big)

Oh and while we're at it, look at the price we recommended and bought when the stock went under the analysis microscope known as the NOBS report. Toot toot.

What do Great Basin Gold (GBG) and Nadagold (NG) have in common?

1. They're both gold mining companies.

2. They both own properties named "Rock Creek"

3. Neither of them will ever develop their Rock Creek property.

But that's where the similarities end, dudettes and dudes, because GBG is a serious mining company that is building two serious mines right now. It's run by competent people and importantly, as the news today shows (see below) it cares about the people around it.

Nadagold is a joke, doesn't give a damn about anyone but itself, it has been slapped with enviro fines over its Rock Creek operation and has screwed over the people of Nome, Alaska (where its version of Rock Creek lies) and still hasn't paid local suppliers what it owes after a full year. Meanwhile, NG's CEO Rick! Van Alphabet has paid himself a cool million loonies in the first half of 2009 when you tot up his salary and his never-ending inside share sales (I'm not kidding either...just his inside sales since April add up to U$543,450).

But back to GBG: Check out the following NR, cos this is the kind of attitude that more mining companies should take to social affairs. Nice job guys...you win brownie points.

WINNEMUCCA, NV, June 15 /PRNewswire-FirstCall/ - Great Basin Gold Ltd (TSX: GBG; NYSE Amex: GBG; JSE: GBG) ("Great Basin Gold" or the "Company") is pleased to announce that it has created the Rock Creek Conservancy, LLC for the purpose of holding lands recently purchased by it, and the establishment of the Rock Creek Conservancy Fund. Great Basin Gold has purchased four sections in Lander County along Rock Creek and another section west of Rock Creek to prevent future real estate or mineral development on these lands.

In explaining why Great Basin Gold purchased the lands, Ferdi Dippenaar, President and CEO of Great Basin Gold stated, "Many Western Shoshone have used the Rock Creek area for over 700 years for traditional uses. Recognizing their cultural importance, Great Basin Gold purchased the lands to preserve them as part of the Company's philosophy recognizing our Corporate Social Responsibility ("CSR") to the communities in which we operate. We have spent approximately US$1.3 million at our Burnstone project in South Africa as part of our CSR and we are committed to making comparable social investments in and around our other projects, including at our Hollister project in the US. The purchase will safeguard the lands from development and allow Western Shoshone people to continue to have access to them for traditional uses. Great Basin Gold proposes to donate both the surface and the mineral estates on these lands for the benefit of the five Federally-recognized Nevada Western Shoshone Tribes ("Tribes"). The ultimate disposition of the lands will be determined during consultation between yada yada continues here