Nagambie Resources Ltd V.NAG

RE: RE: NR COMING BEFORE FRIDAY

[marketmover1]

Guys, don't be so hard on ol Bobby as he suffers from what I call "NAG IR verbal diarhea syndrome". You see he calls NAG IR for information, NAG IR tells him what he wants to hear. The problem with NAG IR is they know chit. Which is fine as NAG IR are not supposed to be privy to inside information or the contents of upcoming news releases. What I have a problem with is NAG IR continuously BS about pending news releases and release date. NAG IR seem to think that they are there to spin the companies positive outlook with innuendos and BS. It's a game that Chuck has been playing for years now. It is probably not NAG IRs fault as they are probably directed by the head of the company to do so. In my estimation though these tactics used to work when speculation used to roam strong within the venture exchange as is evident in previous price spikes. But in todays market, spec has been dramatically reduced to being close to non existent. Investors are now looking for cold hard facts. Why do you think the pumpers like RCi and Eman over on SLT have disappeared, they are now gone because they know there innuendos and BS do not work anymore in pumping a share price. So they have re-incarnated themselves into more subtle or soft pumpers as is evident in RCis case who is now using goodinfo to try and trick naive investors in his crooked and devious way of moving a stock a penny or two to flip shares for his personal gains.

Anyways the point I am trying to make in all this is if Chucky really wants to increase shareholder value then he better start coming up with some concrete results and keep the cheesy innuendos and BS spewed by IR for another day when speculation comes back into the market. IMHO the innuendos and BS is only going to hurt the SP rather than spike the price for a quick flip of cheap options. In the grand scheme of things though, IMHO, the MO of management has always been to pump and dump the companies they have, how else can you explain the lack of meaningful exploration programs and/or botched attempts of exploring the properties they have. Unfortunately it is too late for the many shareholders that were bilked of their hard earned cash over the years and for the many pretenders that make up the venture exchange the prevailing economic times will automatically weed out all the bad apples and only the strong will be left to prosper when the markets come back. And yes the markets will come back as they always do.

In closing I believe that investing in NAG and the likes on the venture exchange is way to risky at this time. There are to many blue chip companies who's share price have been battered and therefore are extremely attractive for the longer term price appreciation. And I believe that long term investing is what investors should be looking for because the days of these penny stocks meteoric rises in share price are over and many will be disappearing withing the next year. IMHO of course.

GLTA
MM