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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 actionplanneron Oct 17, 2010 9:34pm
371 Views
Post# 17575138

Sucyn

SucynIf that is the case, wouldn't it be proper to tell us that , they are indeed mining , and repairing the road for coal transportation , and that they will be full steam ahead with an assumption of good numbers on #2 and #3 within 3 weeks or???? As it sits now, anyone that is in a negative position , is hanging on, not purchasing anymore shares, and anyone in a plus position is selling.  As for flipping shares , for accumulation, let's assume you have 100000 shares and want to flip for accumulation.... 100000X .095= $9500.00 - commision 1.5% =$9357.50 .. And to buy back with that same available cash @ 9.0 = 9357.50 X 1.5% commission =$9217.14=102412 shares..... hardly worth while flipping for a $217.00 profit , and that is providing the full flip goes through on one transaction.. We need some positive FACTS to get this rolling again, or at very least something to look forward to.. Dead money=dead money or less money... I appreciate you being positive with nag, however, the company needs some attraction for new investors.It's time for action, not just planning..lol
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