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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Post by Enma_49on Sep 16, 2008 9:54am
210 Views
Post# 15458948

inconvenience truth

inconvenience truth

With GXS drops close to $2

 

NAG has 5 times more outstanding shares than GXS.

 

Remember GXS is the one that has the initial discovery and coal deposits were proven by the following drill program.

 

If NAG has advanced to the same stage as GXS, and has same drill result, NAG’s share price is 40.

 

Adamas property is too cheap ($7500+ 1million free shares issued when the SP was 6cents) to consider it is a real deal.

 

So do you think NAG still has potential to move up with Adamas property given GXS is being traded at $2 range?

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