Lets get a few things straight.....time for a little step back 5x5. For those who think this stock is going to 1$ + who are you trying to fool? Not saying that it'll never go to a dollar but the chances are not good. Louise Lake is a pipe dream unless commodities double, LL is just too low in grade with a chit load of arsenic associated. Louise Lake will never be a mine despite what NAG IR or anybody else says. If LL was worth anything don't you think somebody would of bought NAG out at .06 cents???
Next we have the coal story. Well we are far from proving that all this staked land is worth 1$ +. Hell we don't even know what they own until permits come out. OK they say they will twin the holes on the Adamas discovery, So what, they have 5m of sub bit coal at 150m depth??? Big deal. Still only makes them a 20 cent stock. Then they have to fly the land that they may or may not aquire. And as anyone who has been around knows they will have to do ground programs, contract Actilabs for SGH analysis(lol) then reassess the previous assessment. OK I may be exagerating a little bit but look at their past history in both NAG/SLT. They are not very fast/good at exploration. Which is not good as they are supposed to be an exploration co.(lol) I do not expect them to drill any holes for coal until freeze up at best. You see Charles is a promoter and nothing else, he is clueless when it comes to exploration, so he needs to get outside help, I will give him credit though as he seems to hire true professionals. That is why it takes NAG/SLT so long to explore anything, he hires true professionals but these same professionals are also hired by other explorecos with more credibility so NAG/SLT are pretty far down the priority list so NAG/SLT only get services when these true professionals get around to it.
Let me remind people that the pumpers here only look after their best interest. I will single out one pumper in particular "RCisbrokeback. This guy is Charles personal pumping puppet imho. RCi knows only what charles tells him, then RC provides the pump. I would bet my life savings on that. Make no mistake that RCi takes advantage of this inside info and penny flips like the best of them. I would think he has several aliases serving the purpose. It is so obvious. If you notice there is a pattern to his postings, he pumps both NAG/SLT when the price is low then when the share price peaks he sells out and goes quite. Then I am sure he uses one of his many aliases to bash the stock down. Then when the SP seem to bottom out the RCi is back at it again pumping like there is no tomorrow just like he is doing now. So beware.
If you wish to invest into NAG then may I suggest flipping, in the low 20s to high 20s. That is the only way to make money with this company in the short term. To play it long is risky at this point and you will tie up your money until they drill this winter. And where will the price of coal and the economy be at that time? Will the interest in the coal rush still be there? I wouldn't play NAG long until we know what land they own and how successful they or other companies are at proving that coal in commercial quantities exist on their lands. Oh and of course this is all IMHO.
GLTA
Mud
PS. Watch RCi when he reads my post. When somebody posts something that he can't refute he will call him an idiot and put him on ignore. RCi does that when he pointed out for what he really is. Actually he may have me on ignore already.(lol)