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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by thebeermanon Oct 08, 2009 1:47am
299 Views
Post# 16372240

RE: RE: The only idiot here is

RE: RE: The only idiot here isYes , Coal , I know what you are trying to say, but who would do something like this other than someone trying to prove they can make something out of nothing and probably end up with nothing. How many "quality" companies out there would fast track a project like this with whopping coal seams of what 1 meter thickness and then to boot put in their news release " The production rate and mine-life projections have been made without support of a feasibility study, there is no certainty the proposed operations will be economically viable. " That one sentence tells me a lot about this company. Do not most companies want to test drill and prove their resources before trying to produce. I think most do, but obviously that is not the case here. No due diligence within the company, so what if we fast track it and dont make our totally guesstimated quotas. Management will sell their shares and make their money, so much for the rest of the shareholders, or as some might say bagholders. Now I'm really sounding like a basher. I dont mean to be, but have lost all faith in this company.
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