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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by HHAPPYon Oct 21, 2009 10:35am
208 Views
Post# 16407507

RE: RE: RE: news out

RE: RE: RE: news outHave you no business sense?? They are negotiating with many coal deposit owners the price they are prepared to pay to drill and remove the coal and process the cleaning at NAG's plant.
The last thing you want to do is give the pricing agreements when talking to the other potential partners. Yes this agreement says uo to 15000 tons a month, Right now they have two augers  [capable of withdrawing 5000 tons a month.  [at a minimum] As they ramp up they can achieve 15000 tons a month or perhaps more.
Other deals are in the works and will be announced as agreements reached,
As well they are negotiating a "high wall" larger production contract that hopefully will be completed next month.
As they progress they will refine their methodology as all new companies do to maximize revenue and profits.
But no way will they give out detailed info except when quarterly financials are announced.Even then , I would expect these results will be 'bulk' rather than specific  for each area they are working to protect confidential information to be obtained by the competition.
Please if you don't know what you are talking about, refrain from showing your ignorance. Your best interest is to wait for the financials to decide if your investmen tis sound or not.
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