NAG OfficeThis is Shane17. I had to come in under a new account because someone didn't agree with my opinions and had me suspended for a week.
I think it's pretty clear that I was correct on the price drop and it will drop again. There is a clear pattern here. It will go below the .25 again and in my opinion it will hit .20 if not lower by the time we see those permits.
What I am about to say is the complete truth and if you dont believe then I DONT CARE! I don't want any responses saying that I am a liar or a basher because I won't respond. I am only going to say this once unless someone wants the positive feedback.
30 minutes before the stock dropped the other day I spoke to Jeannie from the NAG office. She stated that the purpose of Charles trip to Sask was to discuss the status of the permits. The Gov assured him that they are working on it and are still very far behind and overloaded. It's also taken this long because the Gov had to map out the land to avoid any other copmpanies staking land that was already staked.
Jeannie also said that the Gov estimated that it will take a MINIMUM of 4 weeks to recieve our permits and yes we are still behind 4 other companies. Even if 1 company receives their permits doesn't mean that everybody elses will come the next day, NO it will take some time in between. With that said, it's quite obvious that IMO the s/p will hit that .20 if not go even lower. I rebought on that drop and resold it higher. I will continue to do that until it's imminent that the permits are coming.
As for SLT, Jeannie said that the market didn't recognize their findings and are waiting for some third party info. Don't know what it is but it will take a long time beofre it even get's here and who says that it has to be positive.
Do your own DD. Phone the company. Leave Jeannie a message and she will call you back.