RE: RE: RE: RE: RE: RE: Other coalminer in KentuckYou never know with these venture companies ... Who'da thunk that last year NAG would hit .65 with just "comfort letters" and applications for coal prospecting permits in Sask? What were the dynamics last year that NAG and GXS and the other coal plays were flying? HIGH Coal prices, market was hopping, lots of speculation and little fear of risk ... if we get those same conditions I don't see a problem with NAG reaching $1.00 and beyond ... even $5.00 and beyond ... I'm sure we would have been pretty high up there if there was no market meltdown (especially with what NAG has now as potential) .... In my earlier post, I had stated that I'm not afraid of NAG being a pump or dump ---- what my fear is the markets ... if we continue on with this bull rally then ALL is good and IMO NAG will get to production and the s/p will do very well ... coal prices are ticking higher and will continue to do so as long as the economy is on track ....
Of course, this is just my opinion ... and I'm no expert ... it seems that lately I've been more wrong then right ... so, do your own DD and take what I say for what its worth .... zilch, LOL ....