stock priceFor all that have been in the markets, you all know about the meltdown that started in late 2008 and continued well into this year. I'm just wondering, what do you make of NAG's share price? I noticed all other coal plays (in Saskatchewan) and all other commodity stocks that I'm watching, have rebounded well above they yearly lows. However, NAG keeps hovering around the 5 cent mark. Why would this be? I'm trying to find a reasonable explanation. We have properties outside of Saskatchewan and will start producing coal well before anybody else in Saskatchewan will. So why are we stuck around this price? We will have coal production (most likely by the end of summer) and we have the biggest land holding in Saskatchewan.
My guess has to do with management more than anything and their history. I can't think of anything else. If this was June 2008 and we were at the stage we are today, I would say we would be sitting at least at 1.00+, especially with WV and Kentucky around the corner. GLTA.