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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by mars55on Oct 06, 2008 9:53am
395 Views
Post# 15506871

RE: Nag now at .10...

RE: Nag now at .10...

In current market condition, companies with not much cash will all drop below 10 cents. I won’t be surprised if NAG drops to 5 cents as its sister. Now we see SLT is haunting NAG, but everybody should think of this. It is not such easy thing if we want to put it aside, then it will go away.

 

Permits won’t work, more acquisitions won’t work, since they all need money.

Only if NAG can prove that it has commercial grade coal deposits but they still haven’t done a feasible study on the ACC property yet.

 

I know where Charles group will be going, West Virginia site.

 

A trip of 5 people one week will cost at least 10K based on my business travel experience.

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