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Nagambie Resources Ltd V.NAG


Primary Symbol: NGMBF

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

Comment by redhead33333on Jul 08, 2012 10:59am
370 Views
Post# 20092583

RE: RE: NAG

RE: RE: NAG

Dudes, this Charles guy has quite the reputation; hence, why are you guys still here.  Look at his track record:

v.NAG; v. SLT; v. ZNR (ask SlaveonFools and Sucyn on this one); and v.SOV.  Pathetic!  Here's a smart dude who wrote on the v. ZNR a few months ago:

 If the current market situation persists, it is going to be a big problem for all CD's companies: money won't be raised and therefore options will be expired/default. And yet, CD will still take a significant charge on his companies cash position to fill his pocket. I would be quite surprised that ZNR still owns something valuable in the near future.

There many ventures in this market, which already 100% own something and CEO of which do not waste cash as their paycheques. These ventures certainly can afford to stay inactive for long just in case. CD's companies, however, will fall apart if staying inactive. If I was the CEO, I would sell as well.

Shellfish

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