NAG 0.00% 2.2¢ nagambie resources limited

Ann: Melbourne Mining Club Presentation, page-5

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  1. 2,390 Posts.
    lightbulb Created with Sketch. 307
    I like the look of that NW Corridor heading twds Wandean. Could be the makings of a Super Mine but time will tell.

    NAGs still has one more box to tick - Gold Grades.

    If the Drill/Assay Results average 2g/t then it's been interesting but doesn't cut the mustard.

    If 5g/t then lets work out how big the Reserve is coz it's good & SP will take off.

    If 10g/t or more I think the big boys swoop and SP will rocket in the process but it will cost them multiple dollars.

    But right now all 3 are possible. Depends how you read it.

    In 4-6 weeks time Grades will be known & SP will reflect the result. Could be 10c, could be $10 or anywhere in between.

    Thats the $m question - literally. Where is the SP heading? Big money could be made on picking it right but that's only going to apply to the players, not the spectators.

    BTW where is Ant? Hope your back from your "holiday" soon mate. Miss your imput & your quirky sense of humour.
    Last edited by JetBlue: 15/05/18
 
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