Nagambie Resources Ltd V.NAG

Primary Symbol: NGMBF

Metals & Mining Gold

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

Nagambie Resources Ltd > NAG

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Comment by xuorelon Nov 01, 2010 1:44pm

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Post# 17640406

RE: RE: RE: RE: NAG

Well, I guess we are not doing all that bad. For comparison look at the Royal Coal (RDA) operation in Hazard, Kentucky at this web site: https://royalcoal.pubco.net/s/Home.asp
With an operating mine with lots of equipment trucking coal out right and left, they are still only with an SP of 0.11cdn
Maybe it's just the nature of the product that we've invested in. LOL
Anyway, I have held long for several years and I'm not ready to dump the NAG.
GLTA
Xuorel

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