Nagambie Resources Ltd V.NAG

Well....The unevitable has happened

[Sergeant123]

I am going long on this highly speculative play.  The potentiaI is enormous. Although,  I  have spoken to IR on many occasions.  I write down everything that is asked and answered. I have found on many occasions  IR condradict 's each other ie.  possible mine date openings for mine # 3. I have asked if the bond was already payed for mine # 3, and all responded yes, there was money in the bank for this,  I asked if there was any plans for dilution to raise capital, there was a definite no, I keep getting different time frames for the opening of mines 4 and 5. I have been informed that mine # 1 is done, reclaimation is in progress. Blue gem and Jellico coal in mine # 2, though they must mine Jellico coal first as the Blue Gem is located underneath. Approx one year mine life on # 2. Mine # 3 and  #4 have 15 - 20 year mine life at approx 50 / 50 Blue Gem and Jellico. I have asked on many occasions for info regarding lease costs and any possible royalties and get snuffed every time.  NAG news releases are worded like a politicians speech. Charles runs the company  like the KGB, but like the head of the KGB once said, try and stop me. I am cautious and will take profits along the way. Canada # 1.