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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 David_Adellon Aug 19, 2010 4:43pm
695 Views
Post# 17366872

RE: RE: RE: Another 1mil buy??

RE: RE: RE: Another 1mil buy??The  grades    just announced  would  make the deposit the lowest cost     gold producing mine in the world.   The copper grades averaging  over 2 %  are simply unheard  of.   Most   mines    use a copper cut off  of 0.5 %  and  gold  gram  per ton  of 2 or better. These numbers are simply   staggering. The real bonus is that  Sinuvit is   just starting production  and its mgmt's belief that the Imuana  deposit far   exceeds    that  of   Sinuvit.   In effect Sinuvit could be the   low cost  operating mine that could  finance Imuana    by itself  on a  rational roll-out.  More icing on the cake  is  the 18 %  Copper moly interest  already in JV with Barrick.   In my   view the   run up   is      based on anticipation  of    Imuana drilling  which is ready to go  and    the results of  the tellerium assays   done way back in early Spring .     This has  all   the potential of being the   next   Ventana  Gold   ,which went from 10 cents to 12 dollars in   18 months .Still    wanna sell for ur  2 penny profit  curvature?
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