now thats what im talking about..

just read it. You can see why 5 insto's have loaded into the stock. NGM has major 'real money' support. The stock has pulled back big time [oversold imo] dyor

ASX code: NGM
Highly prospective Niger uranium projects with world
class potential
Uranium exploration project in North Queensland
about to be drilled
Nickel and base metal exploration in Madagascar
Focused and experienced management team
Cash of ~$4.5m at 30 June 2007

Major shareholders
Institutional holders:
Ridgefield Capital Asset Management 12%
5 Institutions (each under 5%) 18%

Other Major Holders: this is Management
Rockface Consulting 7%
BH Asset Management 6%
Top 20 66%
Top 40 76%

Imouraren project neighbours NGM
concessions (80,000 tonnes uranium @
0.1%) under development by Areva


Niger – Uranium Project
Three tenements granted in the Tim
Mersoï and other tenements applied for
Explored by Japanese Nuclear Agency
(PNC) in the 1980s, drilling by PNC that
encountered U structures and outcropping
uranium mineralisation reported from
within the concession area
NGM to embark on a US$1.5m vigorous
exploration program for sandstone-hosted
uranium deposits in one of the world’s
most prospective uranium provinces
NGM tenements on same geology that
hosts uranium mines at Arlit and the
Imouraren and Madaouela projects