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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 Mar 20, 2009 4:41pm
287 Views
Post# 15859724

RE: RE: big volume on the pinkies

RE: RE: big volume on the pinkiesMost of the gold stocks have pulled back today. This one hasn't. Under accumulation I would say ?

I'd also like to know once the 10,000 meter drilling starts at Imwauna (with 3 drill rigs this year) will McNeil update the NI43-101? 10,000 meters should be around 100 holes and that should provide us a nice update.

With Sinivit's very low production costs and gold $950 McNeil should be able to pull it off, get the Imwauna drilled and proved quick. As he is proving the Imwauna McNeil could, for starters, start heap leach at, say, 20k oz/year rate (there is enough gold in the ground already why wait ?) and then together with Sivivit it would bring him enough cash flow to build the mill and start full production. I read somewhere on NGG's website there is a potential for 1mil oz at Sinivit. Just an idea.

Art27
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