NAG 4.35% 2.2¢ nagambie resources limited

I've re-visited a few of my research notes in the last 24 hours...

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  1. 495 Posts.
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    I've re-visited a few of my research notes in the last 24 hours and imho the market is asleep at the wheel in regards to Nag's at present.
    The SP climbed to 29c just before the 9th April 2018 ann. in regard to the "cluster of four sulphide-gold targets".
    We are now at almost the end of our drilling phase where assay results could be known any day now.
    Mogga posted something a while back that absolutely nailed why I remain a long term holder.
    It is of this diagram that Nag offered during its Melbourne Mining Club presentation release on 15th May 2018.
    This one diagram said it all for me for NAD001:
    View attachment 1208424

    Previous drills (Perseverance days I believe) are shown to the left of NAD001 where I believe returns of up to 5 g/t where found.
    Then we are also about to hear some results or updates on our Cahill drill or CAD001 where the IP survey shows anomalies beginning at approx. 200 metres.
    The company has stated on previous quarterlies:
    "Exploration for high grade sulphide-gold underground deposits have been expedited following spectacular results at the geologically-similar Fosterville mine to the east".

    Me thinks that the market is about to learn about our little NAG very soon.....with potential PASS management dollars and quarry sales as a side dish.......yum!
    Last edited by tgent: 24/07/18
 
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