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Nagambie Resources Ltd V.NAG


Primary Symbol: NGMBF

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

Comment by Saturn4on Jan 31, 2011 7:24pm
423 Views
Post# 18052423

RE: RE: RE: Tree Shaking

RE: RE: RE: Tree ShakingEverything "seems to be" around the corner ... I've been waiting for over 2.5 years for NAG to "turn the corner" ... Problem is that NAG promises too much and under delivers ... Having said that, I truly believe that this is it ... Once they announce mine #3 -- BAM!!  M3 appears to be doing a good job - I hear another shift will be added  soon on mine #2, as well.  Don't forget LL news and other permits should be out this year too .... With the coal market hot, it sort of kind of reminds of the summer of 2008, the only thing lacking is our s/p!!!  In time, I guess ....

What we need is some other stock to take us for a ride (like GXS in 2008) --- Maybe we do it on our own this year??  Maybe ... keeping my fingers crossed ....GO NAG GO!!!!!!!!!!!!!

P.S. -   Ive seen this dump before with NAG -- a few months ago NAG was sitting around where we are today and I believe (if my memory is correct) someone dumped a whole s.hit load of shares to take it under .10 .... Unfortunately for the guy, NAG made a huge run after that into the high teens (I think, but it was higher I know).  So, this dump today does not bother me ... we recovered quite quickly today since there were a lot of buyers .... I think Edson might remember that dump a few months ago ...
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