RE: RE: RE: RE: RE: I made it on SH home page - LOI agree Edson ... it looks like NAG has to be a long term investment now - as long as the markets are the way they are. But that's no different from most other stocks that have seen huge losses. NAG has to make good decisions which will impact the company and s/p. Do they drill Sask. or focus on ACC? Do they wait on drilling Sask. until they start generating income from ACC? Do they JV Sask. at the same time as ACC? These questions have to be answered and rushing into things will not help. Whatever is decided, IMO we have to hold NAG for some time before we start to see profits (depending upon how much you have averaged down). As the markets stand, I would think that if NAG focuses on ACC and starts generating income, that may provide more momentum for the s/p.
I spoke to IR Friday and was told that there will be a NR or NRs this week. I believe they said that about last week too and we saw no NR. In any event, unless the NRs are simply AMAZING it may not affect s/p if the markets don't respond. I believe we MAY see NRs for permits, LL and ACC ... but don't hold your breath.
NAG still has potential and lots of it!! One silver lining is that OPEC is meeting this week on the 24th and not in November any more. We may see a bit of a rally this week with commodities. This may give any NAG NR some traction ... how much? don't know. My guess is probably very little. BUT, Long term this stock will do well IMO ... by long-term I mean by early next year.