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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by Saturn4on Oct 19, 2009 2:07pm
138 Views
Post# 16400647

RE: RE: RE: Put The NEWS OUT>>>>

RE: RE: RE: Put The NEWS OUT>>>>Good post Lucci ... .65  or even .50 by the end of the week is unrealistic, although stranger things have happened.  Normally, i would say that speculation should be driving this stock higher incrementally and then a pop on news or sell on news ... in this case, the s/p is moving sideways without any movement one way or the other ... that tells me that there are a lot of flippers and sellers ...IMO  lots of people are holding at much higher averages too and once the s/p hits their average or moves they sell .... maybe its to do with the confidence they ahve in management ... who knows ... could be anything ... but I think long term, if NAG's plans pan out and the markets are healthy ... there is no reason why NAG should not hit .65 or better ....

If you look at coal in general, its moving up nicely ... there really shouldn't be any reason why we are still between 8-9 cents ... kind of worries me but I have some faith left in NAG still ... keeping my fingers crossed ....
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