RE: Congratulations to all NAG shareholders !Another misleading post by one of NAG flag posters.
he posted right after the news release saying NAG will have “NET INCOME” 1,160,000 per month. The fact 1.16 million is only the sales revenue (before the production costs), based on NAG’s best calculation. I hope he made an honest mistake, otherwise, I try to link it some evil motivations.
Next day after his post, we found the stock only went up 1 cent , accompanied by heavy “anonymous” selling.
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9/9/2009 7:01:25 PM | | 231 reads | Post #27438643
"4,000-6,000 net tons per month with an increase to +20,000 net tons per month...
..Initial offers for the sale of the coal are for $58.00/net ton"
Based on the above figures, they already have secured contracts to bring them
$232,000 to $348,000"NET" PER MONTH !!!
and
can increase to 20,000 "NET" tons per month,
meaning $1,160,000PER MONTH NET INCOME.