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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 sebastian2on Jan 05, 2010 10:39am
273 Views
Post# 16639177

Just briefly scan through the headlines to see whe

Just briefly scan through the headlines to see whe

Totaly agree with HHAPPY, the sentiment in Asia is way more rosy then here.    We are lagging behind but the comodity price is on the rise despite domestic outlook because it is driven from outside.  Just scan through the headlines here to get an idea of waht is ahead for 2010:

https://www.chinamining.org/News/

In that perspective Nag's timing and initiative to transition into a producer has been spot on in my opinion.  S/P will reflect that eventually. 

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