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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by Stampede1on Nov 19, 2009 12:38pm
234 Views
Post# 16503942

RE: RE: RE: RE:RE: RE: RE: I wonder..

RE: RE: RE: RE:RE: RE: RE: I wonder..ke1882

They would not tell me if the augers were running also - that information would be classified as insider.
But what I got from my conversation were indications that they haven't been or have just started.

Let me explain:

When IR commented that the company was paying overtime to get everything up and running before this weekend to allow for a NR one would suspect that the auger haven't been running or have just started. 

Again people need to know that starting up any new mine will take time and if they have just started mining I'm OK with that. 

Focus on the milestone news of operating vs tonnage, tonnage will come in time.


"You also have to wonder why if NR's are so expensive to put out,  why they wouldn't include what information they have along with the tonnage that has been produced along with some detail ie:"

I agree that would make sense if the information is available and considered reliable.  NAG has put out news releases with much less value before, thus the cost appears not to be a factor.

Stampede

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