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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by CashCow23on Oct 15, 2008 9:15am
219 Views
Post# 15526273

RE: I can`t believe we could`nt hold .10

RE: I can`t believe we could`nt hold .10Ok Saturn, instead of a pumper i can reffer to you as a optimist. I also have NAG and wish that i never did :( but the reason why i have NAG is because of all that potential. But like i said this stock will only grow to $1 in atleast 2 years that is if it survives the current downturn.

The most negative part of NAG is at the current time it is in the worst industry and resource, mining and coal. Look at oil today it hitting $75. Coal will be useless once again especially with all the new production that is coming from the majors. Over the next year there will be a build up of inventories and all these juniors will be near 5 cents. But eventually what comes down must come up. Biggest things to watch for also include: US unemployment, a nice cold winter, OPEC production cuts.
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