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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Bullboard Posts
Comment by Pauly79on Oct 24, 2007 2:27pm
788 Views
Post# 13681222

RE: Very under Valued

RE: Very under ValuedWhat is your experience in valuing mining companies? Have you been to the LL property? Do you understanding geology and mineralization? My guesses of your answers would be: none (or limited to as a s/h in various TSX and Venture stocks); no, and; no. Thus far, from what I understand, NAG's deposit is too small to warrant the development of infrastructure to reach the mine, and the mine development costs themselves. If new drilling greatly expands the size of the find, then I think things might progress, but until then, the size of the resource is pretty small, and relative uncertain given the level of indicated resources and lack of any 'measured' numbers.
Bullboard Posts