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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

Post by marketmover1on Oct 07, 2008 11:54pm
211 Views
Post# 15512455

K6K53It's laughable

K6K53It's laughablewatching the pro group writing that Nag will go up when the markets go up again. Who are you guys trying to fool. Look around you, the markets are in shambles due to a credit crunch. People around the world have seen their net worth evaporate into thin air. Do you think the markets are going to turn around on a dime, geeez give your head a shake. The down trend is not done yet, you can expect a lot more bad news before good news. It will be along time before the markets recover from this fiasco. You will see a lot of juniors who are not cashed up or at least have a property with a proven resource that is mineable drop like flies. I'm afraid your NAG is not cashed up and they do not have a mineable resource. LL is a dud. The only hope they have is this pipe dream in WV and that is a longshot at best. I've two companies that attempted to go into production without doing it properly and they both failed miserably. Especially with this management. It's all promotion and no substance. Anyways I wish you all good luck cause you are going to need it. IMHO

MM
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