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.

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Nagambie Resources Ltd > NAG ownership

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Comment by letsbefriends1on Jan 04, 2011 10:11pm

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Post# 17925428

RE: NAG ownership

If you boys are done measuring, let's be civilized, forget about the options, and let Charles and Co. start mining some coal this month. I don't like what they're doing either option-wise and would love to introduce Charles' nose to my right fist, but I still think the Blue Gem coal idea is good, relatively low-risk and profitable. I'm confident that NAG and M3 will come through and start mining soon - when they do, I expect us to move up to a stock price in the 0.20s.

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Yukon agency detects cyanide near Victoria Gold's Eagle mine