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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by shane117on Sep 23, 2008 2:50pm
187 Views
Post# 15478711

RE: Shane ...

RE: Shane ...To be quite honest with you, I am pretty nervous buying NAG again in these market conditions. What I like is that they are up next for permits and even though once they get them it won't affect the s/p, but they will start drilling almost immediately, unlike the other Sask. plays ie. WGF & SMI.

NAG will also be releasing an NR within a couple of weeks about the Appalachian play. IMO, it will state that they have full approvals from all stakeholders and will commence drilling. Strip mining is very inexpensive and does not require a mine.

Another NR should be coming in the very near future regarding LL. This NR will back the everything that is going on there and give it substantial recognition in the market.
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