old news looks goodBy Ben Abelson
01 Jun 2006 at 07:44 PM GMT-04:00
NEW YORK (ResourceInvestor.com) -- Vancouver-based North American Gem [TSXv:NAG] is one of dozens of sub-C$10 million market cap exploration companies these days. But, chances are it’s one of the few sitting on a motherlode the size of Louise Lake.
Thought I would post this 1st paragraph from this report last June to dispel the comments of a certain negative poster today. Clearly there are some people reporting on NAG that feel there is a good chance L Lake has the goods. If SRK Consulting recomputes the recent 21 DD holes with their report of last year I'm sure both the indicated and inferred tonnes will be dramatically increased as well as the grades. I also think the best holes were not released because Charles knew that a good part of that 3.8 million shares would be hitting the market this week and if the stock went to say .25-.30 possibly all of it. Well that was my 2 cents worth.