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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

Bullboard Posts
Post by MOONGLIon May 14, 2008 11:39pm
310 Views
Post# 15075497

NAG SHOULD FIRE BACK UP SOON !!

NAG SHOULD FIRE BACK UP SOON !!

I am kinda brand new to the board . Could not resist writing on here as I have been reading the boards for several weeks now.

Just feeling sorry for the person who had earlier mentioned bought @ .32 in the frenzied bouts of buying and selling happening today . There is no reason to fear atall and sell in panic again but take the dip as an oppurtuanity to average out .

Just to point out the candle sticks and charts might be showing bearish signs for sure as it closed @ .27 that would have been said about yesterdays closing too , however in reality something else happened so you never know .Positive sign that sp still closed at a + and way more than yesterdays close. Profit booking and speculative trading certainly drove it down to a lower close below .30s .

I also hold a fair bit  @ .11  .19 and .215 will certainly buy in more at lower prices and did not sell atall today ,
waiting for better days ahead . Heavy abnormal volumes has to have a very strong inside operator in the stock
which is normal in high volitality .Just stick to your stocks should definitely mantain yesterdays high .25-.26 base at the most.

Cheers to all and no hard feelings .
Just inputting my thoughts !!

Bullboard Posts