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

Bullboard Posts

Post by dudediligenton May 29, 2008 12:53pm

293 Views

Post# 15123390

JV in the works or...

It does very much seem like it is being held down and the big fish are content with it trading at this level until the deals are in place. That could be a JV or take out or...who knows, maybe a bought deal financing. Bottom line is NAG has major coal claims with massive future potential that has already been proven to exist.

You cannot hold down a wild tiger for long before the forces of nature rouse it.

Buying more....you might want to think about it? Nothing worse than saying to yourself after the fact...crap I knew I should have bought more at that price.

Bullboard Posts

How a junior advances one of the largest undeveloped diamond projects