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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 madmoney3on Jul 06, 2010 1:55am
464 Views
Post# 17245805

RE: RE: re: Kentucky SMIS

RE: RE: re: Kentucky SMISI really don't care about this regardless if its true. Even if they got only three months out of it mine#1 was never supposed to make nag SH rich. Truly with #2 mine being in production in 2 weeks or so (possible blue Gem) who cares I hope people sell  me cheap shares tomorrow.  There is also mine #3 which should be ready to go within a month of number#2.  these should be running 12-24000 tonnes a month to 40,000 tonnes. It takes time first gettin a peremit approved sfter rejection etc..then get a bond from a bank thats hard and then after any protests which I don't forsee, than go into production for mine #2.. So all those NR for 2 were explaing the the three different processes which realistically is 4 months.. Now where is #3 the former #2 are they 2 months away?... with both running #2 by end of july and #3 by end of August. Mine 1 was nothing but a practice play to help them get their name NAG as producer..Also I feel they have 4 more that will all be producing by the end of the year into next year. Giving us close to 100,000 tonnes. per year.  So really if you are a share holder instead of posting about a negative possibility.. Remember we are here to make money.. #2 and #3 will follow.. that is near .
Posting negative crap about mine # 1 does nothing, I am guessing it might have only had 6 months of supply but was needed and #2#3 will be the real producing mines by end of summer....I spoke to a buyer at the time about 4 months ago regarding mine #1 and mine 3(the former 2) and he stated mine 3 (the former 2 is the real deal) and mine 1 wasn't that great but minable short term.  He also stated Nag was becoming known and would have no problem with buyers lining up to get blue gem or jellico.  This is what will finally get Nag higher in price.
Unfortunatley it takes time but I still belive. it will.. I have million shares plus and truly believe in the company . We just need mine 2 and then 3 and that should be enough for .50cents.. by end of year and I belive higher possibly 3-5 dollars..I am a long and have done my homework.
It will all work out this is still the most undervalued stock..

Mad Sleepy money


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