PERMITS
Seeing how WGF / SWR and SMI
all came out with PERMIT GRANTS today,
Based on the timing of their applications and comfort letters,
NAG should be in line to get their SASK permits NEXT.
Although, I think I am correct in stating that ALL of their MASSIVE LAND
will not be permitted at once,
I am hopeful that the initial comfort letter, regarding the May 12th application should be taken care
of ANY TIME now (friday would be a nice surprise!)
All the negetive speculation news about NAG is mostly from disgruntled investors,
or those who sold out hoping to jump back in at a dime (notice how many have bids in at .10 !)
Other Sask Coal plays are not doing much better than NAG.
GXS was down part of the day today,
CDB was even,
AIX and GM were both down,
BTT was up a couple of cents.
KEX and GXX were even.
Others not mentioned acted basically the same, with very little volumes.
NAG will come through with the permits, the drilling, the Louise Lake updates (any day),
and the REVENUE PRODUCING West Virginia coal property.
Just remember how the price of gold turned around in A DAY!!!.
It left many "anti' gold bugs very speechless.
I believe the SAME will happen to NAG.
It will have a run up that will be unmatched by its previous history.
Those who want to jump back in at that time, will be competing with many others,
and will have to pay MUCH MORE than at todays closing price.
ALL THE BEST TO THE LONGS !
riddlethis