NAG

23.5%

2.1¢ nagambie resources limited

New Uncharted SP Territory, page-132

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omero54

839 Posts.

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09/04/18

17:30

Post #: 32326504
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Originally posted by sanigav ↑

hi guys first time poster. I have accumulated a decent amount of the shares over the last couple of years ranging from a SP of .03 - .15. I could write a massive story about why i sold all my shares today but it doesn't really matter. the main reasons i sold most of them today is that there is still no proof that the recent models definitely represent gold, and yet the share price has come up really nicely. For any of you who bought around the 10 or even 15 cent mark consider the financial gain you have made thus far versus the risk you currently face. the main posters on this thread seem like really nice people but the arguments they are putting together are highly speculative and emotional. I am not trying to down ramp and recognise there have been people like punter who have come here in the past to cause trouble, but take an opportunity to reflect why you you invested your money in the stockmarket, what were your goals coming in? the long termers here will talk about gold, pass, being in it for the long haul, skin in the game but of course they are going to say that if that recommendation meets their needs. The share price is currently where it is due to a lot of good speculative signs. once that drill goes in, if it doesn't come out with gold there will be some disappointment but probably hope that the next drill result will be better. do you think the market will be patient enough and maintain the current SP which is priced at only good news? or will there be a drop? In my uneducated opinion i think it would be wise to look at the probability that drilling would provide immediate amazing results versus the possibility of how the market would react if there is not much good news initially. If that happened and the SP plummets you might look back at this very opportunity and feel regret. I am sure this message will evoke a lot of opposite reassurance from the big shareholders and thats totally understandable, but try not to let speculation and emotion guide your decisions when the aim of the game is making money.

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Sanigav. All eloquently described.
At the end of the day, you let fear get the better of you.

Last edited by omero54: 09/04/18

NAG Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
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Last 2.1¢		Change 0.004(23.5%)		Mkt cap ! $16.72M

Open	High	Low	Value	Volume
1.7¢	2.3¢	1.7¢	$68.63K	3.502M

Buyers (Bids)

No.	Vol.	Price($)
1	100000	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	200000	1

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No.	Vol.	Price($)
1	100000	0.020
1	2000000	0.019
1	2000000	0.018
2	600000	0.017
1	300000	0.016

Price($)	Vol.	No.
0.023	200000	1
0.025	420000	2
0.026	750939	4
0.027	500000	1
0.028	701117	3

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NAG (ASX) Chart

New Uncharted SP Territory, page-132

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Vulcan appoints investment bank and M&A veteran to board

Utah authorities sign off on Anson's lithium extraction plans at Green River

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

New Uncharted SP Territory, page-132

Top Stories

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Vulcan appoints investment bank and M&A veteran to board

Utah authorities sign off on Anson's lithium extraction plans at Green River

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News