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.

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Nagambie Resources Ltd

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Post by AuContraireon Apr 01, 2009 7:18pm

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Post# 15889571

Poor Saturn.

Try to get it through your head that these guys are just plain incompetent. They could not run a pay-toilet franchise. I sold out recently. Forget them. They also seem spread out too thin. And unless I am mistaken they got those words mixed up in the news release. The Optionor is the the guy on the 'buy' side of an option deal. This should be NAG I guess. The Optionee is the property owner. Is that correct ?? Can't even get news releases written properly. Shee Eeeshh !!!

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Yukon agency detects cyanide near Victoria Gold's Eagle mine