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 MontyHighon Jul 24, 2009 3:48pm

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Post# 16164656

RE: RE: RE: I am ready to buy - Furman

NGG, for a price rise to happen, has to show that they are not in deep trouble financially. That means that have to get Sinivit to work somewhere near spec.

Take a look at this article I posted recently about Semafo taking advantage of someone in deep trouble financially. And that was for a successful, profitably producing mine. Your assets are worth nearly as much as they should be if you desparately need to sell them.

Am watching to see if they can make it, but am not touching NGG until they demonstrate some production.

https://www.worldofwallstreet.us/2009/07/semafo-smfto-buys-40-more-of-samira-hill-at-bargain-prices.html

MontyHigh

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