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Nagambie Resources Ltd V.NAG


Primary Symbol: NGMBF

Metals & Mining Gold
Nagambie Resources Limited is an Australia-based natural resources exploration company. The principal activities of the Company include exploration for, and development of, gold, associated minerals including antimony, and construction materials in Australia, and the investigation and development of waste handling assets. The Company is focused on targeting epitherm alantimony-gold mineralized systems across 3,200 square kilometers of tenements in the Waranga Domain of the Melbourne Structural Zone, in Victoria, Australia. The Company's flagship project is the Antimony-Gold Project, which sits in proximity to the gold-antimony mines at Fosterville (Agnico Eagle) and Costerfield (Mandalay Resources). The Antimony-Gold Project is located at the 100% owned Nagambie Mine. Its Whroo Goldfields project is located approximately 130 kilometers (km) north of Melbourne. It also holds interest in Whroo Project, PASS Project, and Sand Project.


OTCPK:NGMBF - Post by User

Nagambie Resources Ltd > The only idiot here is
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Comment by coal4lifeon Oct 08, 2009 1:31am
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Post# 16372216

RE: The only idiot here is

RE: The only idiot here isI think many people would agree with the frustration of watching this go to .60 and back to where we are now.$0However, 10,000 net tones is from what NAG calls mine#1.  There is still mine#2, West Virginia, Blue Gem, and profit from the washing station (washing others coal to meet specifications from clients) Why not give this some more time, heck most have waited this long, why not see how this plays out..  NAG has committed themselves to production in October, if this happens they will be one of only a few juniors to actually be in production.  Hopefully then the revenue will be used to explore other projects especially Saskatchewan, without any more stock dilution.  Not disagreeing with you, just hopeful I can finally profit from this stock.  I'm sure there is much more news to come.  Good Luck, and hang in there!$0
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