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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Post by angelnickyon Feb 25, 2010 10:39pm
458 Views
Post# 16822055

News Release from Nag

News Release from NagTaken from Nag's Web Site
This clearly indicate that Nag went with cart without the horse and they are correct to say this as it relates to thin seam mining which I believe is not economical with such low volumes as projected by Nag

The production rate and mine-life projections have been made without support of a feasibility study, there is no certainty the proposed operations will be economically viable


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