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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 oldmtnmanon Jun 23, 2009 1:16am
261 Views
Post# 16090508

RE: RE: Northern Miner NGG Article June 22

RE: RE: Northern Miner NGG Article June 22Monty, the article suggests they expect Sinivit to provide for liquidity requirements for the next 12 months. I know, I know, the record hasn't been very good when it comes to matching results with expectations. And those who have been pointing out  we seem to be in a promotion phase appear to obviously be bang on. It's rather ironic how the News has been coming out - I hope the next release of Sinivit production results shows sufficient improvement to give us a bit of momentum, that's what it looks is required. It would be interesting to know if the News is intended to attempt to support our .18 trading level till the Macmin overhang shares are taken out or whether the hope has been to raise or at least hold the price for fund raising purposes.

I did send an Email message to what I hoped was the proper Address for the Macmin Silver trustees several days ago hoping for an indication as to when they anticipated status information on the overhang shares might be expected but as I rather expected there has been no response.
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