North American Gem Inc V.NAG

RE: vague

[Big_C]

Ummm..., the first sentence answers your question:

North American Gem Inc. (NAG) (TSX VENTURE: NAG) reports that, further to its news release dated August 4th announcing the commencement of mining at the North American Gem #2 Mine, it has now begun to ship and sell the coal. Kentucky Mine Partners LLC (KMP) is performing the mining operations.

Only thing that isn't clear is who is buying, the amount, and at what price.

I will agree that is vague that the coal isn't infact SOLD, but has begun to sell. I can ship and sell cans of pop at an outlet, but unless there is a buyer, it isn't sold.

But it is clear they are talking about the coal from mine #2.