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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Bullboard Posts
Comment by MLEMCon Nov 17, 2006 2:46pm
315 Views
Post# 11702867

RE: Did anyone notice..

RE: Did anyone notice..No one even tried to think this one through? When a company normally has drill results, they normally provide some insight into what the path forward is. Because NAG didn't, leaves us with a pair of contradicting probabilities. Firstly, the news is material, so NAG could not supress the metalurgy results, they HAD to be released. Secondly, there was no mention of what the next steps are from the company. This either means they have no idea what to do next, OR they've tried to sell this but have no takers and are just going to sit by the phone waiting OR they are already in negotiations with somone on this property, but cannot release anything concrete. NAG is out of funds, so any future activity will rely on additional capital. The Fact they did not announce a PP along with the metulurgy is telling, in my small mind anyhow.
Bullboard Posts