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National Grid ADR repsg 5 Ord Shs V.NGG


Primary Symbol: NGG Alternate Symbol(s):  NGGTF

Utilities Utilities - Diversified
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

National Grid ADR repsg 5 Ord Shs
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Comment by kamchatkatravelon Jan 30, 2008 5:26pm
182 Views
Post# 14292608

RE: Ok, why did we go up today?

RE: Ok, why did we go up today?Quite simply, I think we were up because gold was up. While the Feni drill results were disappointing, this is not an important project in the grand scheme of things for NGG. NGG's success will depend on its ability to move the three major gold projects forward (and also on the success of the two spin offs). Anything positive with the Vangold JV is just gravy.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities