NAG 0.00% 2.3¢ nagambie resources limited

Hole2 - CAD001, page-3

  1. 326 Posts.
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    Great post nm. I can "feel" your enthusiasm. Regarding hole 1 I think the announcement was pretty much restrained and carefully worded as one would expect. We are at the stage now where only precise scientific analysis will determine the fate of NAG's share price. Even if the geologists were super excited about the core samples they have seen I think they would hold back and wait for analysis to provide the gsm's per tonne count before giving either positive or negative news. The announcement today was neither negative nor positive. It was a statement of fact with no conjecture. If hole one shows that the "anomaly" holds good grades it will be simple maths to extrapolate the $ value of available ounces from the whole anomaly. I my opinion if the anomaly drilled in hole 1 proves to have good grades the share price will take off. Why? Because it will be proof that as per Mike Trumbull's words "We believe we have cracked the code" it will mean that the " at least another ten targets of interest" may too have similar grades. If this is the case my prediction of the price taking off will be wrong. Take off will be a massive understatement the words "NAG's share price will reach escape velocity" have a nice ring to them. Buckle up folks the real ride is about to start!
 
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