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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Bullboard Posts
Post by lucci2005on Jul 22, 2008 9:43am
191 Views
Post# 15316130

GXS second hole?

GXS second hole?Just wondering, what if GXS reports similar results on their second hole.  What will happen to the share prices of the other area plays.  Will thy be cut in half again?  That's pretty scary to think of.  However, I take the stance of other people on these boards and say that NAG is not directly related to GXS (like WGF, BTT and SMI/SWR are).  Think about it this way, who has found coal so far?  GXS, NAG, WER.  Who has no coal but lots of comfort letters around the GXS discovery?  WGF, SMI/SWR, BTT, etc.  Hence the severe drop in GXS cause a severe drop in all other area plays that don't have a coal discovery.  As for NAG and WER going down, it's simple.  Panic selling, stop losses triggered and uneducated investors.  Wouldn't it be nice if Adamus was the western part of the coal bed and the GXS discovery was the eastern part?  I guess we'll have to wait and see.  Patience is key.  Just remember that once NAG gets permits, they will start drilling almost immediately.  Patience, our time will come.  GLTA.
Bullboard Posts