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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Post by mdzgn2006on Jan 26, 2010 2:55pm
230 Views
Post# 16720648

Charles in Kentucky

Charles in KentuckyThank you all for the comments regarding the virus problem, I managed to resolve it for the time being.

Back to NAG.

I don't think Charles is spending the whole week in Kentucky just to watch the augers turn or eat grits with the locals in the village diner.

From what little I could squeeze out of our tight lipped IR recently, the outcome of his trip, if successful, can have a massive positive impact on NAG.

What can this be? Personally, my gut feeling is NAG is trying to acquire more Blue Gem coal properties. In the recent video, Charles was talking about establishing NAG as a major supplier of Blue Gem coal. It would make a lot of sense. It can be mined much more profitably than what  Mine #1 is currently producing, and it is a commodity much in demand. It also doesn't suffer from seasonality the way thermal coal does.

Anyway, we should find out soon. Don't sell your NAG unless you really, REALLY have to.



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