RE: RE: RE: RE: RE: Going UpEdson,
Thanks for the kind words. I don't care much where we are trading now. The truth is we have not even mine 8,000 tons yet. We are on "pace" to mine 8,000 a month but with all the delays and such, we are probably yet to hit that mark. Also, we have not mined 1 ton of blue gem. We only have one mine running. We will end up with 8-9 mines as it stands. That is not counting other possible and most likely "probable" future property acquisitions in Kentucky as NAG looks to expand.
Just remember one thing. Don't worry about the price right now. We could be trading sideways for all I care. Remember that Charles stated he wants NAG to be a long-term producer of coal in Kentucky. that's why they set up a team of professionals. That's why they have their own plant down there to clean/ship coal. That's why they upgraded it, etc. Long term does not mean the 12-18 months they estimate mine #1 to last. Long term to me means 5-10 years (or more, who knows). I doubt that anyone here will still be holding for 10 years, or even 5 for that matter, but all I'm saying is their potential is HUGE. And lastly, they will be one of only 3 BLUE GEM COAL PRODUCERS, and most likely "the biggest" (according to Charles).
So that should instil some confidence. GLTA.