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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by lucci2005on May 26, 2010 2:38pm
417 Views
Post# 17133195

RE: RE: news on Solitaire

RE: RE: news on SolitaireIn my opinion, Charles will never go (or get let go by NAG).  The reason is simple.  He brought coal to NAG.  You can say whatever you want about him as a president or as a person.  But in regards to NAG, I don't think he's doing a bad job.  Far from it.  I think he's lining up all the properties/leases/plans to become a long-term coal producer.  I say "bravo" to that and I wish it happens.  The only problem I have with him is the cheap shares that he keeps giving himself.  Just like SLT.  Why give yourselves such cheap shares?  If options were priced at 0.50, that would be more fair than 0.13 (or less).  That is why investors are disgruntled.  They don't see what's going on behind the scenes and they don't think it's fair for the president (above all people) to give himself free money (cheap shares) when NAG has barely begun production and instead of being at 0.50+, we are stuck in the 0.13 range.

Charles, give yourself 10,000,000 options, I don't care.  Just don't do it at 0.13.  Do it at 0.50, to inspire confidence in shareholders.  When you do it for so cheap (0.13), you are basically telling investors that you have no faith in this stock, or that you are very very greedy.  When investors see this, they simply sell the stock and move on to others.  When people flock to sell their stocks, the stock prices drop (because more sellers just wanting to get out).  When this happens, your options will be worthless....follow my drift?  GLTA.
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