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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Bullboard Posts
Comment by Pauly79on Dec 30, 2005 9:32am
525 Views
Post# 10097429

RE: Confidence

RE: ConfidenceThis PP doesn't bother me too much. Depending on their financial situation at the current moment, NAG may have had to do this PP. The Company will still have to fund a 43-101 compliant technical report, which can cost a chunk of change, so having money now for such a report is important. If, on the basis of the preliminary drilling, they decide to go ahead with a 43-101, then that would provide a bit more encouragement.
Bullboard Posts