NAG will be in the green again...Once we get the permits AFTER which is going to be after WGF!!! But you won't get rich right away!
There's no point in hoping for permits every 2 minutes. Yes, the news could come out any time now, but most likely around end of July, early August - my guess... Public servants are not the most motivated individuals in the world , especially when overwhelmed! And even if they hired some more technicians to deal with the ton of permit applications, it would mean 2 things:
a) these people, unless having been hired internally, will need to get proper training
b) imo, there isn't a team of 20 technicians working in the "permit" department. therefore, guess who has to train the new employees, if there are any...
In short: too much permit applications to be processed for Sask government's! I would be very surprised to hear anything before August...
And again, it'll really start to get interesting once we get the results; I don't think the stock will fly over 1$ solely on permit news. We'll probably have a good base at .50-.75, but not 1$... It'll take assay results to bring this baby passed the dollar bar - IMO again. We have to be patient.
However, with the coal assay results and Louise Lake, my target selling price is now around 4-5$ rather than 1.50! I give NAG 6-8 months to come up with all the results (sooner for LL, hopefully!). Maybe a geologist or driller could correct me if I'm off in my estimates...
The unfortunate thing with this board is that too many posters are/were hoping to make a quick buck with NAG and think that investing is like going to the casino and making a fortune every time they play the roulette.
Patience is gold - especially with a stock like NAG.
I've been in this stock for 4 years and am mostly interested in Louise Lake, so this potential coal discovery is icing on the cake. It's great, don't get me wrong. But I still can't wait for the LL results though!
Sorry about the long post. Just tired of reading posts that say the same crap over and over and that add no value to the board...
GLTA.