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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Bullboard Posts
Post by marketmover1on May 16, 2008 9:42am
158 Views
Post# 15080923

Are you in or out

Are you in or out    If you sold your position in the mid thirties like I did, I would wait till Nag releases the analysis of the 4 meter core. I am betting that they will be less than stellar. Even if the results are good then yes you will see another spike in the SP probably to the recent high, but rest assured the SP will come back down to at least this level. Actually I expect the SP to bounce around this level to mid thirties even with good coal values and confirmed coal permits. A daytraders dream. Unless of course they completely surrounded the GXS land. Then we should see higher highs. We shall see. I still think that coal permits will be delayed based on the permit office being swamped with apps and after all this is a government office. Remember SLTs permit fiasco for RIOU. Anyways there is lots of time to get into this stock at these lower levels depending on coal results and permits. If results are bad then I think you will be able to get in at the mid teen levels. If NAG doesn't get any permits within a couple of townships of GXS the entry point will be even lower if you even want in at that point. For those of you who bought in the high twenties and thirties, you should be nervous, I know I would be. Remember buy low sell high. JMHO and GLTA

MM

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