North American Gem Inc V.NAG

Rumor

[actionplanner]

Can anyone start a good rumor and post it , such as nag was mining coal and found diamonds instead, Contrary to what happened with gxs, were looking for diamonds and found coal.  Or pp will be done @ $1.50 and Jay Taylor bought all the shares.  Or Chucky has been replaced at the helm of nag. Another good one would be that Barrick Gold has purchased LL for 30 billion . Maybe the railways have gone back to steam powered locomotives and need blue gem coal to power the boilers. The rumors could be endless, however the current shareholders patience isn't, I think one more crappy nr would drop the sp to all time lows, I know I'm trying to hold on, but it's like being in a crowd of people and having gas, there comes a time to let go and move on..lol

[Saturn4]

LOL, actionplanner, funny post but I sensed a touch of seriousness in your post too!!  Understandable.  I've been a long time holder of NAG and I have amassed a good number of shares.  I, as most investors that post on this BB, it appears, am quite disappointed in the way things have gone so far with NAG ... I still think that if NAG actually gets going we are looking at a good

[Sergeant123]

Well, I will not start a rumour, I can tell you what was told to me on 10 Dec by the IR cell. We are aware that the contracter who mined mine #1, was according to them, not up to the job of mining #2 let alone #3 mine. Hence they are currently completing DD on their part to find a mining company that will fill the billet. I was informed there was 7 companies in the bidding. I asked about the road

[likeslt]

I tried to keep quiet (not to disturb NAG holders...) but when I read these rumors, I have to post something with my real business experiences, I have in the business longer enough to tell from my instinct. For any jobs, if the contractor is fired or gone, the reasons mainly fall into two: did have money to hire the qualified contractor in the beginning, or didn’t have such intension to do

[ivanhoe2]

When NAG took over the lease the people who owned it had a contractor that wanted money from them So Nag takes over the lease but not the money the last guy didn't pay. So the contractor thinks good now I'll try and get it out of Nag. That's not how it works. So Nag is trying to get a good contractor that will build the road well and mine the coal properly. They are trying to get a

[obama1974]

How about this rumour, mate, that v.CQ is making a quiet move to 40 later next week? NAG isn't going anywhere anytime soon, so get a good start on v.DCY instead if you've missed out on CQ.  Are the rumors true that NAG will split 10 to 1, mates? Scarey. Likesit, are you in DCY yet?

[WATCHDOG100]

So they bought something laden with bills and forgot to do due dilligence.  Can this be a surprise?

[likeslt]

“When NAG took over the lease the people who owned it had a contractor that wanted money from them So Nag takes over the lease but not the money the last guy didn't pay. So the contractor thinks good now I'll try and get it out of Nag. That's not how it works.” If NAG takes over the lease and also the debts, then I conclude that NAG wanted to save some trivial money (comparing the