NAG 10.0% 0.9¢ nagambie resources limited

You clearly didn't understand what I said Punter or you only saw...

  1. 42 Posts.
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    You clearly didn't understand what I said Punter or you only saw what you wanted to see. I said "at least ten years ten years away from production....(if ever)". I should have emphasised the "if ever" part because my advice is that, so far, SXG don't have anything that would warrant a mine and their reports are probably misleading in that their measurements are 'down hole' which means the actual width of their seams is probably about one-third of the reported measurements and almost certainly uneconomic.
    Compare that to the extremely rich, wide veins reported by NAG. I conclude that NAG is hugely undervalued and SXG is hugely overvalued.
    In a nutshell Punter, any opportunistic takeover would be easily defendable, leaving NAG shareholders to reap the bountiful rewards that are coming their way in a relatively short time.

 
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