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.

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Nagambie Resources Ltd > Tree Shaking

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Comment by letsbefriends1on Jan 31, 2011 3:57pm

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Post# 18051438

RE: Tree Shaking

I don't usually buy the SH manipulation theories/conspiracies, but this one definitely smells of manipulation/tree shake. If today was a tree shake, then that theoretically mean a big buyer bought in, which is bullish.

I just don't understand why they wouldn't have bought in on the last PP though, unless they did and decided to add more?

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