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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 shellfish1on Feb 07, 2011 1:10am
363 Views
Post# 18085210

RE: RE: you

RE: RE: you
If themanagement kept quiet last year and did not release the so much faulty information (atleast the expectations aren’t true), the SP is likely driven higher than whatis today, even by the improvement of general market conditions and inflation.


However, becausethe management kept pumping and dumping, the investors have slowly and yet finallyrealized that this is a joke and the last hope is fading as time goes by. “The flame is burning reallylow to the bottom of the candle” – exactly!


Having said this, however, I couldn’t be happier if the SP pops upto 0.2, 0.5, and 1.0 one day.  


Shellfish  
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