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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by Loudermilkon Oct 05, 2008 9:14pm
285 Views
Post# 15506212

RE: Snoopy Saturn4 & HHappy

RE: Snoopy Saturn4 & HHappy     I was tooling around stockhouse and checking technicals on a number of stocks and I found myself hard pressed to find a stock that actually had bullish indicators.  Most are bearish in the Moving Average Indicators which I expect is due to horrible market conditions, NAG included.   There are a number of stocks I feel be should on the way up that are bullish in the 'William Volume Accumulation', NAG, once again, included, with HAT and WNP among others.  This is an easy market for a basher or naysayer to go on to any board and blame the decrease in SP on fundementals or management or 'what have you' but in all reality, with the TSX-V at a mere 1300 points even a company releasing great news on a timely basis is going to struggle, NAG included.  Who knows, maybe we'll break 1000 points before the month is over and NAG will drop even lower but incredibly we have a mine ready for production.  While other companies in Saskatchewan are pan-handling in Regina so they can squeeze out enough money to drill, NAG will have an income and be drilling their leases into swiss cheese and when the markets rebound only the strong will have survived, NAG included.  With the recent aquisition of ACC I solidified my position in NAG and will hang on for the long haul.
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