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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by NYRRon Feb 26, 2010 10:44am
354 Views
Post# 16823174

RE: RE: RE: Weather Hampering Nag'S Production

RE: RE: RE: Weather Hampering Nag'S Production        



           This Statement.... The production rate and mine-life projections have been made without support of a feasibility study, there is no certainty the proposed operations will be economically viable


        Means nothing ... You can either start up with or without a feasibility study done ... Even if you have a feasibilty study done, it does not gaurantee that the mine will be successful ... And if you chose to not have one done does-not mean the mine will be a failure... Maybe they didn't do one because this was a no brainer and why waste the money....

   Last night when I checked the weather down there it was over cast temp was -10.c overnight to +1-2 during the day long range was +3-4 over night and +10-12 during the day so weather I think is starting to become a none issue...GLTA

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