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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Bullboard Posts
Comment by lucci2005on Jul 23, 2008 5:16pm
241 Views
Post# 15322902

RE: Louise Lake...

RE: Louise Lake...Patience, I've said this a few times myself.  This stock will do just fine.  But patience is key.  NAG's time will come.  Whether it's in September, December, etc.  Just think about when NAG was trading in the 0.30-0.60.  What was the difference between then and now?  Right, comfort letters.  So shouldn't we be trading higher than 0.60 then?  Oh right, no permits yet.  But these will come, sooner or later NAG will receive permits.  There's only 3 reasons why NAG went down.  1) permits taking forever (thank you permit office),  2) gxs announcing their brilliant hole and  3) crappy markets for some time now 

The way I look at it, sure the coal bed could be huge but what if GXS was at the most western part of the coal bed and it actually extended into Manitoba instead of being on the eastern part of the coal bed and extending towards western Saskatchewan (and thus Adamus)?  No, that would not be good for NAG.  Read and re-read GXS's last NR.  It's not as bad as you think.  GLTA.
Bullboard Posts