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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 TXRogerson Apr 18, 2010 10:40am
783 Views
Post# 17004445

RE: RE: RE: RE: It's about the resource

RE: RE: RE: RE: It's about the resourceYes........these stocks have had a very good run.  My best one was Teck Resources TCK.B with over 1000% return in the last year.   From a major to almost a junior and back to a major again.  What a ride.

I am extremely bullish on the steel industry and all the supporting alloys.  And if you love steel, then you must love coal.

NAG has risks.  I do not invest in a stock lightly and study it a long time before striking a position.   I watched from the sidelines for months and then pulled up a chair at the NAG table about 6 weeks ago.  My assumption (as always) is the same; to make large gains in a relatively short time.  The risk with NAG at this point is worth it.

I wish all you guys the same.

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