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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

Comment by lucci2005on Aug 05, 2009 12:42pm
358 Views
Post# 16192816

RE: still nothing!!! as i figured

RE: still nothing!!! as i figuredHere's my take.  People got tired of holding and sold off.  Or news of delays coming up and people don't want to wait any longer.  Also consider that markets have gone up a few thousand points in the last few months yet NAG has barely touched 0.07.  Yeah there was a short couple of days when it touched 0.09, but then went back down and it is now sitting near it's 52 week low.  If I had to venture a guess, I would think it's more delays and people can't or don't want to hold on until next January or heck next summer, at the rate NAG is moving.

Hey Charles, an update would be very nice.  Does NAG have the goods or not?  Just tell us so that we can all sell and move on to better things or hold on to our shares and shortly prosper.  GLTA.
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