NAG 33.3% 2.0¢ nagambie resources limited

Why aren't NAGs SHs Selling, page-16

  1. 2,701 Posts.
    lightbulb Created with Sketch. 565
    The Prospects for Gold are .... known Gold at Wandean & Clonbinane
    are sufficient to produce a divvy of 2-3c pa for about 15 years.
    That would be extended way beyond 15 years - with further Gold Discoveries,
    The Aero Magnetics narrowed the search, making further Gold Discoveries quicker/easier.

    So on Gold alone the SP should be at least 20c, imo.
    I know why it is not. The Gold is not being produced ... yet.
    Why? PASS has taken the front seat & Gold is an unknown to New Investors.

    So with respect Rob to all your charts, pull backs, support lines & trendlines etc.
    It sounds like trusting "Other People Decision Making" to me.
    With Outsourcing the Research & trying to outsmart the next Trader.

    I know short term it can be very beneficial & I'm not knocking it
    but does it tell you whether PASS Contracts will be awarded to NAGs in April?
    If NAGs gets that Contract ... after the event the SP will be something like 30c imo.
    But charts won't tell you that - they don't know about New events?

    That's where the big Profits & SP hike come from - New Unknown events
    Charts can't tell you about them - they are New Info.
    So, I just see Fundamentals as producing far more certainty, compared to charts.
    Far more rewarding, over the longer period, without the need to outsmart other Traders.

    Maybe I'm just not smart enough to get it,
    but my average SP for NAGs is 2.1c & a chart did not tell me to buy them.
    My nose did!

    Last edited by JetBlue: 22/03/17
 
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