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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Post by zakmirzaon Jan 30, 2010 10:46am
620 Views
Post# 16735589

Production/Customers

Production/CustomersIn a bidding process one of the things that a customer considers is the ability of the seller to supply. Customers have to have absolute confidence that the producer has the ability to keep their plants supplied as per contract. They cannot afford to have down time due to short supply of product (coal). In order to instill that confidence and garner a higher price for coal, it is imperative that NAG issue a statement about their recent production and supply. Remember, it's not as if NAG has a track record of a reliable supplier, it's still taking baby steps towards that. So, potential customers maybe reticent. I hope NAG issues an NR in February about their production, the rest is fluff.
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