My opinionAs to why a coal producer can be at 13.5 cents... now this is just my opinion so IMO the reason is because everything is still just spec, no facts. Did NAG produce any coal I can't find any NR's that state they actually produced coal I saw one that said "North American Gem Inc. Becomes Coal Producer as Mining Commences on the North American Gem #1 Mine in Whitley County, Kentucky" but I don't see where they say NAG has produced ______ tons of coal, or NAG makes first shippment of coal to "Blue Star Energy LTD".
Now I do agree that they can't NR every shipment they make but really for a company to go from never making money to producing and making money that would be the biggest NR in their history but so far nothing. Now I do know they were having problems with Auger 2 in December so I'm hoping they are waiting for a full month of full producion before his type of NR.
If they don't NR this then I don't see us going much higher than the 20 cent range until March when the 1/4 report is released.
Your thought?