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Nagambie Resources Ltd V.NAG


Primary Symbol: NGMBF

Metals & Mining Gold
Nagambie Resources Limited is an Australia-based natural resources exploration company. The principal activities of the Company include exploration for, and development of, gold, associated minerals including antimony, and construction materials in Australia, and the investigation and development of waste handling assets. The Company is focused on targeting epitherm alantimony-gold mineralized systems across 3,200 square kilometers of tenements in the Waranga Domain of the Melbourne Structural Zone, in Victoria, Australia. The Company's flagship project is the Antimony-Gold Project, which sits in proximity to the gold-antimony mines at Fosterville (Agnico Eagle) and Costerfield (Mandalay Resources). The Antimony-Gold Project is located at the 100% owned Nagambie Mine. Its Whroo Goldfields project is located approximately 130 kilometers (km) north of Melbourne. It also holds interest in Whroo Project, PASS Project, and Sand Project.


OTCPK:NGMBF - Post by User

Nagambie Resources Ltd > might be time again...
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Comment by actionplanneron Aug 10, 2010 11:32pm
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Post# 17339990

RE: RE: might be time again...

RE: RE: might be time again...Edson, likely won't happen till we get some numbers on productivity.. I am frustrated with the sp , but we have held up  this summer better than most penny stocks. Hopefully by Dec things will soar. I see lots of .20 stocks that really don't have any hope and  exploration stage with nothing but hope and still in the .20-,30 range , and nag has a mineable deposit and sits @..12-.15 .. I'm shaking my head as I write this. Why ? Is it no confidence in management, or waiting for profits?  This one is puzzling, ,I bought in last year @ .07 and added some more on the way up, ACB is .125 . When I first bought I thought  by now it would be at least.40 ...... Bottom line is I am as frustrated as anyone that owns for the long haul..... Sorry for long winded speech.  But why is this still at .12?
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