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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Post by rahaon Nov 26, 2009 11:53pm
363 Views
Post# 16528833

China Demand

China DemandChina is planning to build 256 coal-fired plants over the next 8 years and is searching for resources. They are also investing heavily in clean-coal technology along with partner GE. Coal is with us for many years to come and is a valuable resource. I actually am beginning to believe that NAG is a takeover target with more coal properties being developed in Kentucky and WV. Louise Lake is a valuable asset now as well, with high commodity price levels, and will no doubt, be attractive to a senior. And dont forget the large Sask. holdings. At this time next year NAG shareholders will have been well rewarded for their patience!
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