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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 TFIon May 03, 2012 9:17am
245 Views
Post# 19865436

RE: RE: RE: New Guinea Gold Announces Management C

RE: RE: RE: New Guinea Gold Announces Management C

I think this was an automatic thing as the required Financials were not reported on time (Due April 30 I think).  So let's not give the BCSC any undue credit just yet.  Interesting Mr. Reimann sold shares as he is a major part of PGK I do believe but it could be the take the loss here to be made up on the gains expected in PGK.  Total speculation on my part.  I believe this is a valuable resource but it will take good management and appropriate funding to bring it to where it needs to be.  I plan on sticking it out but won't put any new money into it as I am at my limit for the spec part of my portfolio.

GLTA

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