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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by lucci2005on Feb 12, 2010 11:45am
734 Views
Post# 16780368

RE: RE: IR Answer Some Questions....

RE: RE: IR Answer Some Questions....First of all, if mine #1 would have nothing (a.k.a. not enough coal production to make a profit), why would they hire 2 additional professionals???  That wouldn't make sense.  And it's not like they just hired another "joe" from the street.  They hired 2 people that have a vast experience dealing with coal mining, permits, etc.  They know what they are doing and I'm sure their compensation from NAG will show this.

In my opinion, they hired these 2 people for the remaining possible 6 mines in Kentucky and also I believe NAG is constantly looking to acquire more mines in Kentucky (as they plan to be a long-term producer of coal in Kentucky--according to Charles and according to their NR).  So with the addition of these ppl, it should speed up the process considerably).
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