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

<< Previous

Bullboard Posts

Next >>

Post by mdzgn2006on Apr 12, 2011 10:07am

447 Views

Post# 18418407

Fiduciary duty

is a legal or ethical relationship of confidence or trust regarding the management of money or property between two or more parties. This principle also applies to the relationship between a director of a company and its shareholders.

In other words, the director must:

- act in good faith,

- discharge his duties for the sole benefit of the company's shareholders,

- avoid circumstances of conflict of duty and interest

In my opinion, any discussion of managament should be according to these criteria.
The rest is neither here nor there.

<< Previous

Bullboard Posts

Next >>

Boeing pleads guilty to conspiracy charge