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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
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Post by Porsche928S4on Apr 11, 2011 12:28am
347 Views
Post# 18411955

Status of NAG

Status of NAGStatus of NAG:
1) No mining is currently in progress or has been in progress for the past month.
2) M3 is bankrupt and can no longer offer services to NAG
3)Mine#3 is not even close to reality,.... there is no defined placeholderwith the county to hear any objections from the local   homeowners
4) Mine #4 and #5 have no status
5)Nobody wants LL and  in order to have any chance of selling LL , NAG willattempt to drill more holes and issue the required PP's
6) Sask. drilling program plans will be pumped such that Charles can continue to sell any stock interest he owns in the company.
7) 3/29/2011 PP target reached.



Probability of a reverse split ?  
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Dealroom for high-potential pre-IPO opportunities