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 > could we head to 2 or 3 bucks??

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Comment by Saturn4on Apr 06, 2009 12:07am

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Post# 15898628

RE: could we head to 2 or 3 bucks??

IMO, NAG's s/p would be higher if NAG had invested 1) in a reserve estimate and 2) a feasibility study for W. Virg.

If everything goes according to planned and the markets start hopping again, i don't see why we couldn't be at 2-3 by the end of the year. Remember, we were at .65 even before NAG got a single permit!!!!!

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