North American Gem Inc V.NAG

How the truth is stretched

[goldengirl20]

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 21, 2010) - North American Gem Inc. (NAG) (TSX VENTURE:NAG - News) reports that it has currently raised $929,120 through the exercising of warrants. In combination with the revenue being produced from mining operations at the North American Gem #1 Mine, the money raised through the exercising of warrants will be used to fund several of NAG's upcoming projects. In particular, the money raised will fund the bonding for the North American Gem #2 Mine, the bonding for the pending Swan Pond lease (North American Gem #3 Mine) and provide the capital necessary for the building of additional hauling roads and sediment ponds.
As a result of the recent infusion of capital, the Company will not have to go to the to the public market to raise additional funds to satisfy our near term needs." stated Charles Desjardins, President of North American Gem Inc. "This capital will ensure full funding for all of North American Gem's current projects and will also allow the Company to acquire additional coal leases and permit multiple land tracts

[goldengirl20]

Wonder if he be held liable for the last statement Would say he mislead investors

[madmoney3]

The truth is everyone wants things to go smoothly! Goldengirl would you stop bashing because you sold your shares for a loss?Cause if u didn't you really are stupid for bashing. They are moving forward but need more money thats all.  #3 will be big and mine #2 will be profitable also.  This thing will move once PP is closed. Everyone wants this thing to take off especially me.....It

[goldengirl20]

I still have half but do not like to lied to CHARLES

[AXPRO]

So GoldieLocks,You see yourself a an investor? and not as a speculator.Difference is simple the investor knocks on the door of a company with a big fat check and tells them to use the funding for the development of the business and or operations, usually in return for a bunch of shares, sounds familar also called a PP.On the otherhand we have the speculators, folks like me and many others, they

[Kobedog1]

It is a treat to read what you wrote about speculators and investors. And your conclusions are bang on. You sound like me talking to myself. Maybe that is why I like you today.These boards are seeded with every kind of person you can imagine. What is remarkable is how quick the naive expose themselves (with the theme of shareholder rights). They actually think they have rights, and they really

[Edson88888]

LOL, I wonder how long before the OSC attempts to remove the below post because you are exposing how they "don't care" about what happens in the market.It's called corruption and that's the only word that fits it.

[cantour34]

Its only words,,,what hapens to people who realy do it do they get punishment????