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

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Post by miner8740on Apr 27, 2011 6:46pm

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Post# 18497341

Nag needs 15 million

where is Nag going get the legal fees to cove the costs to defend the case against 15 million dollars damage

i hope is not from production<

could it be possible that this will the last nail driven in the coffin for NAG should they lose the court case

i suspect NAg may not be around in the near future base on all these issues and lack of production

the sp may drift to 3 cents by the end of may

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