Took a peek at the GXSboard a minute ago. There seems to be an uneasiness about NAG and a nervousness about today's NAG NR.
Admittedly, GXS has produced very impressive coal discoveries and has enjoyed an even more impressive SP history up until recently.
But in the meantime, NAG became probably the largest landowner in the Saskatchewan coal rush. It, too, can boast a significant find, the Adamas coal discovery. However, most of NAG's coal resources in Saskatchewan are yet to be mapped, beginning with the drill program around Tobin lake as the first step.
The real reason why I think some on the GXS board are nervously looking over their shoulder is because of NAG's West Virginia venture which, by every indication has the potential to become a coalmine, not just a discovery, AND producing REVENUE
Which is a lot more than any junior company in the Sask. coal play can say today.