RE: RE: RE: RE: QuestionGXS reached $19 in...
1) better markets (just look at the indexes back then) and better economy
2) when the whole "Saskatchewan" section was hot and companies were climbing all over each other to claim land
3) when companies would go up to dollars from pennies if they announced something big like coal/gold/oil find etc etc.
4) their o/s shares is 19M therefore their share price will go higher (both $ and percentage) than NAG.
Sure we are a coal producing company but I think NAG has to first of all show that they are making money before they reach new highs. Without doing a resource estimate, many will wait on the sidelines before revenue/profit numbers come out. The smart ones in my opinion buy now and wait. Especially considering they have only started Mine #1 (and it's not even Blue Gem). GLTA.