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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by lalala1on Sep 10, 2009 9:17am
136 Views
Post# 16292811

RE: Bids

RE: BidsI agree.  The NR was a wicked NR but it's still just promises and in this market and for this stock the only thing that will move it is actual material not promises.  Here is a quick listy of their promises which them not keeping was not completely their fault...

Promised LL didn't deliver
Promised production of coal by Q1 didn't deliver
Promised production of coal by end of July didn't deliver
Promised production of coal by end of Auguest didn't deliver
Promised coal profit would pay for operations so no need for PP
Promised drilling in Sask after production of coal by end of Q1, then July, then Auguest didn't deliver

So in closing I'm even more optimistic than ever before about NAG but I don't see the SP moving much until mid to late Oct when/if they announce "NAG opens production".

GLTA and again this is just my opion
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