Hate to say this butI told you the old NAG peaked out at mid 60s and that we would see the share price in the 30's. I'm not rubbing it in or nothing believe me I feel for the poor folks who bought in the 60s especially if your still holding. I've been there. What erks me are the pumpers led by RCi, who I still maintain is Charles personal pumping puppet in my humble opinion, saying that NAG was going to fly into the dollars. Based on what I ask. Insinuating that NAG had "trumped" other staking companies was in my mind irresponsible. This trump BS was started by RCi so if that is the case I would be willing to bet it came straight from NAGs office. First of all nobody knew who was going to get what lands including the Sask. permit office as they had to wade through all the applications, I can imagine the clusterfook it must of been and probably still is. I am betting that the permit office is still sorting out who owns what. Other than GXS and possibly several other companies who claimed prior to the mad rush can expect their permits shortly. And I'm not sure that NAG is in that first group of companies. This is all speculation on my part. So where are we now with the old NAG, yeah they will probably get the ADAMAS ground with their 5m coal intercept, depth unknown, other posters known as bashers claim that the coal intercept at a depth of 150m. I will take that as the truth because NAG has not confirmed otherwise. I would think that if the coal would of been closer to surface NAG would of proudly announced it as such. OK they may get 1 million + acres of land but unless they get the prime land near GXS then we don't know what kind of success NAG will have as we don't have any information on depths, quality and feasiblility of extracting the coal. Folks what I am saying here is don't get caught up in the hype bantered about on these bboards and for goodness sake don't get involved in the private discussion pro group some of the posters here have started up. Do not buy into NAG until they have proven that they have a coal field to speak of. Because to this point as it is all hype. So unless you are a trader there is just to much risk at this point. Now I could be completely wrong here, maybe they did get some land close to GXS, but I doubt it. Maybe they will have a motherload of coal on their lands but we are a long ways from finding that out. And for the people who are thinking of investing in NAG then at least look for an entry point which in my mind will be a lot lower than todays close. I would think a possible entry point would be where Charles last sold his shares in the low 30s. That is my strategy for now. If and that is a big if I get back into NAG it will be lower price and I will have it on a short leash on the downside meaning that I will not tolerate much of a loss on NAG, I will not be left holding the bag. Of course this is all my humble opinion.
GLTA
Mud