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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by sebastian2on Apr 21, 2010 9:34am
368 Views
Post# 17014261

RE: North American Gem Inc. Raises Over $900,000

RE: North American Gem Inc. Raises Over $900,000This is one of the best NRs I've seen in a while
This statement:
In combination with the revenue being produced from mining operations at the North American Gem #1 Mine...

confirms positive cash flow is being generated!   This NR removes a lot of risk form the equation showing the company is close to if not self funding expansion projects.  It moves NAG from high risk juniour mining company to a more category of a growth company with less risk in what is still credit strapped financial reality.  Very posistive news!

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