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National Grid ADR repsg 5 Ord Shs V.NGG


Primary Symbol: NGG Alternate Symbol(s):  NGGTF

National Grid plc is an energy company. The Company's businesses supply gas and electricity to various customers and communities. Its segments include UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York and National Grid Ventures. UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. UK Electricity Distribution segment includes the electricity distribution networks of Western Power Distribution in East Midlands, West Midlands, and Southwest of England and South Wales. UK Electricity System Operator segment is the Great Britain system operator. The New England segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New England. New York segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New York.


NYSE:NGG - Post by User

Comment by beaverfeveron Jul 29, 2009 2:02pm
405 Views
Post# 16175708

RE: RE: He is selling AGAIN !!! Sinivit Still Brok

RE: RE: He is selling AGAIN !!! Sinivit Still BrokSinivit is not necessarily broken - just because Peter McNeil sells shares. There are many reasons wy he may have sold his NGG shares, but the most likely one is that he is a broke fool selling assets, as he has been an ineffectual promoter of his crap mines.
He can't help it, he inherited this trait. How any professional miner can be involved with so many struggling mining companies in a mining bull market is quite telling.
Please, someone provide me with the name of a sucessful and profitable McNeil mine.

I don't take any of these sales as being a particular negative against NGG assets, rather it is a telling indication of what to expect from NGG management. Rather than focus their efforts on a mine with sound capabilities, they hope they can jugle multiple mines, millions of shares, and survive off skimming their multiple salaries on these juggled mines. All that Peter McNeil has shown that he is living above his salary.
I don't doubt that Sinivit will make its production targets, as they will throw anything and everything at this effort, as they have to, or else they will have to get a job.
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