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Bullboard - Stock Discussion Forum North American Gem Inc V.NAG

TSXV:NAG - Post Discussion

North American Gem Inc > Poor Saturn.
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Post by AuContraire on Apr 01, 2009 7:18pm

Poor Saturn.

Try to get it through your head that these guys are just plain incompetent.  They could not run a pay-toilet franchise.  I sold out recently.  Forget them.  They also seem spread out too thin.  And unless I am mistaken they got those words mixed up in the news release. The Optionor is the the guy on the 'buy' side of an option deal.  This should be NAG I guess.  The Optionee is the property owner.  Is that correct ??  Can't even get news releases written properly.  Shee Eeeshh !!!
Comment by AuContraire on Apr 01, 2009 7:38pm
Retraction .. ha ha .. just like NAG now.  The Optionor is the one who gives the option.  So they did get that right at least. I apologize to them.  But I don't retract that part about general incompetence.  You won't see them mining in West Virginia.  It's all BULL !!  I don't know why they don't just drill somewhere on that big acreage in Sask ...more  
Comment by copious on Apr 01, 2009 8:12pm
This post has been removed in accordance with Community Policy
Comment by Saturn4 on Apr 01, 2009 8:15pm
AC, quit your whining ... you sold out of NAG and got into GXS .. both are not what we thought they would be ... so far.  When NAG finally starts production on ACC, you will be whining some more ... Although, I am perplexed as to why NAG is all of a sudden becoming a Uranium play .... Stick to Coal NAG and finish what you started!!  Spreading themselves too thin???  Maybe, but this ...more  
Comment by Saturn4 on Apr 01, 2009 8:20pm
Copius, they did start the permitting process ... Read their NRs.Copius, NAG has a number of years before the prospecting permits "expire"; Copius, NAG had JV'd some land already - read their NRs;Copius, NAG plans to put ACC into production - although there is no feasibility study, it appears NAG management is confident that it will pay for drilling Sask., read their NRs;Copius, as ...more  
Comment by copious on Apr 01, 2009 8:49pm
This post has been removed in accordance with Community Policy
Comment by HighTest on Apr 01, 2009 9:00pm
"Copius, NAG has a number of years before the prospecting permits "expire"; " Tic-tock.............how many hectares to pay for all over again? Rental: The rental fee will be $1.00 per hectare per year during the term of the permit (3 years). The rental fee will be $2.00 per hectare per year during the extension. Rental payment: The first year of rent is paid upon application. ...more  
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