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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by lucci2005on Oct 26, 2009 1:52pm
304 Views
Post# 16424309

RE: What The Heck ... ?

RE: What The Heck ... ?Haven't you heard, production is delayed indefinitely and NAG is bankrupt!!!!!!   Hence we are down 0.025.

How many stocks are up today?  And how many stocks are down???  People bought last week at 0.085 - 0.12 and sold today.  It's called profit taking.  They are hoping to get in lower.  You can't go up everyday and sometimes you need corrections in order to go higher.  Not too worry, NAG is still on schedule with Mine #1.  If NAG went up to 0.195 on Mine #1 news, I wonder what they will do when they announce Mine #2 (blue gem), Mine #3 (blue gem), Mine #4, WV (blue gem) production and Saskatchewan drilling. 

Also, something else that no poster has picked up on thus far (as far as I can tell), NAG can stand to make profit on cleaning coal for other companies.  Since parts of Kentucky are "coal country", NAG can make extra revenue from cleaning other ppl's coal and bringing it to client's expectations.  This could end up to be a material amount, but we may not get any NR for this.  We may just see the revenues on the financial statements.  GLTA.
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