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

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Comment by Techknowon Jun 18, 2008 1:15am

252 Views

Post# 15196967

Developments..Expected

I don't think anyone with even and tiny bit of foresight is surprised by the first permit news, exept maybe the small amount they received. Now it's time to make some cash. It has been very boring for too long. Charts look good on most plays, IMO WGF will be next to move, just based on action today (this morning around 25 minutes after open someone came in and bought everything from .78 to .94 over 400,000 shares by anonymous ..in a matter of seconds it seemed). NAG will move a bit slower but when all the dust settles......watch for the big NAG to stand in the winners circle. Patience is needed...or play the risky quick trades and bring your winnings back to NAG. You chose but here's to the rest of the weeks wild ride! Cheers and good luck to NAG coal players.

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