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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by shrubcrawleron Jan 28, 2010 9:25am
297 Views
Post# 16727370

RE: RE: RE: *Good* News!

RE: RE: RE: *Good* News!That's one possibility -> add the 3rd auger to meet contracted supply quantities before the orders are cancelled due to lack of performance

or

production is going well and their customer will take all they can get

Hopefully it's the latter, but without sales numbers we can only speculate. Would have been nice for the NR to state something like:

Since xx/xx/09 we have shipped xxxxx tons of coal which equates to $xxxxxx of sales with an expected profit margin of xx%.
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