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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by riddlethison Sep 15, 2009 12:58pm
219 Views
Post# 16307288

RE: RE: RE: One of the most significant points in

RE: RE: RE: One of the most significant points in
Every exploration company needs to put on a disclaimer, showing how the worst scenario is a possibility.

Look at Underworld's (V.UW) last NR.
Even though they sit on a huge discovery,
their NR includes the disclaimer
******************************************************************************************************
Resource exploration, development and operations are highly speculative, characterized by a number of significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate, including, among other things, unprofitable efforts resulting not only from the failure to discover mineral resources but from finding mineral deposits which, though present, are insufficient in quantity and quality to return a profit from production.
*****************************************************************************************************
Its very good that NAG is taking all precautions.
Better safe than sorry.

I find this NR excellent, and it shows that they are serious in developing
into a notable Coal company.

riddlethis
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