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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 art27on Feb 25, 2009 11:35am
253 Views
Post# 15802244

RE: RE: So did anyone take Taylor's advice ?

RE: RE: So did anyone take Taylor's advice ?here it is:

2009-01-28 18:05 ET - In the News

Jay Taylor in the Jan. 13,2009, edition of Gold, Energy & Tech Stocks refreshes his buyrecommendation for New Guinea Gold Corp., recently 29.5 cents. Mr.Taylor first bought the stock in September, 2005, at 19 cents, andsince that time he has bought the stock five more times and sold halftwice. Assuming a $1,000 investment for each of the six buys, the twohalf sells would have resulted in profits of $1,959 and $757,respectively. Mr. Taylor's current $3,250 investment is now worth$2,546. Mr. Taylor expects New Guinea to achieve profitable productionat its Sinivit mine in Papua New Guinea this year. He says the companywill be able to use the cash flow from Sinivit to aggressively developits second project, Imwauna, also in Papua New Guinea. Mr. Taylor saysImwauna is "outstanding" because of its high grade, which totalsroughly 12 grams per tonne gold of open-pittable material. Thenewsletter writer thinks that Imwauna could turn out to be athree-million-ounce to five-million-ounce deposit, which could make NewGuinea a $3 to $4 stock.













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