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North American Gem Inc V.NAG



TSXV:NAG - Post by User

North American Gem Inc
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Post by SUCYNon Dec 06, 2008 9:57am
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Post# 15631276

61,000 shares traded all day

61,000 shares traded all dayNo interest..no volume....Coal prices have fallen alot, steel mills cutting back on usage of coal....

LL will probably just sit uneconomical until metal price climb much higher..

Even if they find coal , it won't help much in this market...

Once they finish the coal drilling, how much money will they have left...Major dilution to raise more money...

Sorry for sounding negative, but it's dead money for a while...

Maybe a small Jan. 09 bounce....

Still holding ...GLTA...
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