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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Bullboard Posts
Comment by skydanceron Sep 30, 2007 3:15pm
301 Views
Post# 13496310

RE: Where is Louise Lake ? ......

RE: Where is Louise Lake ? ......I agree re: a future mine at LL. On thinking that Imperial Metals may be a potential investor if you look at GRH which is only 8 km to the east of the mine and has good grades and tonnage, that would be better for a takeover for them. At present there are approx 67 properties that are close to becoming a mine in NW BC and any one of them could be interested in LL. Not sure if management at NAG have the ability to develop the mine on their own or not. Do they have the smarts to get $200 or $300 million on their own and manage the development of the mine. The new seaport at Prince Rupert could also benefit a mine at LL. All in all my money is on LL becoming a mine one day. Looking forward for the SRK upgraded results for tonnage and grades next week.
Bullboard Posts