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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 > How much is NAG worth?
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Comment by letsbefriends1on May 11, 2011 11:59pm
197 Views
Post# 18563869

RE: RE: RE: RE: How much is NAG worth?

RE: RE: RE: RE: How much is NAG worth?Great post actionplanner...couldn't agree more.

I'm convinced that NAG is 1) a complete scam or 2) a company run by a bunch of incompetent fools. It makes my blood boil when I remember talking to Jeannie on the phone and getting fed a bunch of BS...."we're producing 10,000 tons per day from Mine #2". Yeah right. The financials and M&DA look like they were written by a 2nd grader. Amateur.

I hate to sound so negative but I HATE having ever have invested in NAG. Glad I sold out at 9 cents. Good luck to all those still holding, but I honestly believe that this company is on its way down. Saturn - I hope you're making a ton of money on INT and SCG because I know you've bought a TON of this stock and NAG looks to be headed toward a delisting in the future...
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