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.

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National Grid ADR repsg 5 Ord Shs

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Comment by grumpymonkey007on Oct 03, 2008 3:59pm

440 Views

Post# 15503640

RE: From Stockwatch

"and is his "second most favourite" company, after San Gold Corp., that is in production."

Two quick things that NGG has over SGR IMHUO:

1. SGR's cost of production is double that of NGG - it costs SGR an extra $200 per ounce
2. SGR's current price north of $1.00 is trading closer to their value-based stock price. That is to say, NGG at the moment has greater upside potential.

Cheers,

GM

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