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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Bullboard Posts
Post by Enma_49on Jul 23, 2008 3:01pm
165 Views
Post# 15322214

Major dilution is coming

Major dilution is coming

PP at 0.12 or lower, imo, sp has to drop to customize insider’s needs like they have done at the SLT- Charles is also the president. This is the way they reward themselves.

 

I doubt NAG have any high grade coal deposit, even if NAG has, , share price should depreciate after major dilution.

 

NAG has come to the point of news shortage, the only news they may have is the PP or options, imo.

 

The issuing of the permit is not up to the company. NAG has to wait, this is why permit office issued comfort letters once, twice, maybe third time in next week.

 

With no permit, no drilling, coal play is just someone else’s topic. Anyway, Charles has rewarded himself by selling the options, 12 cents option shares sold for 60 cents. what an excellent deal.

 

 

 

 

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