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National Grid ADR repsg 5 Ord Shs V.NGG


Primary Symbol: NGG Alternate Symbol(s):  NGGTF

National Grid plc is a United Kingdom-based energy company. The Company's principal activities involve the transmission and distribution of electricity in Great Britain and of electricity and gas in the northeastern United States. Its segments include UK Electricity Transmission, UK Electricity Distribution, New England, New York and National Grid Ventures. The UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes the electricity distribution networks of NGED in the East Midlands, West Midlands and Southwest of England and South Wales. The New England segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New England. The 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

Post by Amaladeon May 01, 2007 8:03pm
345 Views
Post# 12707939

Golden future

Golden futureSpoke to Ms Judith- IR and insider. The Sinivit gold , 3000 oz per month, is one thing - .15 per share return per annum, but what is under ground , -- yes good grade of gold, and they will probably start exploring under the surface gold, ie. the sulphide gold ore, by drilling and doing a N43 101 in 2008.That alone will raise this stock price later this year. However, the real big gold play is Imwauna( Normanby) which seems to clone the Placer dome mine( 5 mill oz) . So with the Sinivit cash flow, they will be full of cash, and ready to explore and drill. Then they have JV's with Keltic, Vangold, Madison. Seems like an excellent opportunity here. GLTA
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