NAG 20.0% 1.2¢ nagambie resources limited

Ann: Quarterly Activities Report, page-4

  1. 817 Posts.
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    I think you’re smart enough to realise that the resource definition on its own will not revive this Company Bud. It may add 1-2 cents to the share price, but not the 10-20c that a lot of us want to see.

    This Company urgently needs three things IMO:
    1. A resource definition/JORC statement showing that NAG in fact has a valuable gold/antimony discovery
    2. A large injection of funds
    3. A complete change of management. The current lot have pretty much driven the Company into the ground so they need to go - NOW!
    I can’t see No 2 happening without No 3, so it’s crunch time for the Board.

    Are the new Chairman (Tom Quinn), and the largest shareholder/Director (Kevin Perrin), going to grow a pair and do what us ordinary shareholders cannot do - deliver No 3.
 
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