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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

Comment by grumpymonkey007on Jun 17, 2008 4:19pm
257 Views
Post# 15195277

RE: Firecracker?

RE: Firecracker?A little more ammunition - here's what the CEO thinks about the open ended drilling results from Imwauna to date:

Bob McNeil CEO and Chairman commented: "a system such as the Imwauna System which appears to extend over a wide zone five kilometres in length still requires large numbers of drill holes to determine its ultimate potential. As can be seen from the diagrams, drilling will have to continue for a number of years yet to determine the full potential. Although the main gold zone is more or less continuous there are rapid changes in widths and gold grades. In addition multiple intersections, including parallel veins and discordant "splits", complicate the overall interpretation. The increasing grades with depth in the central part of the system and the likely further extension to depth of the northern high grade zone are exciting in terms of the possibility of defining more high grade mineralisation. In addition, the potential for additional gold mineralisation away from the present drilled area based on a few reconnaissance drill holes, geophysics, soil geochemistry, trenching and rock sampling is excellent."

https://biz.yahoo.com/ccn/080423/200804230457069001.html?.v=1
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