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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by madmoney3on Jun 04, 2010 9:22am
415 Views
Post# 17158114

RE: NEWS this morning

RE: NEWS this morningYeah I know, another little delay but what I understand they posted bond which is big as you need to be able to do this, that has to be the last step. Another 30 days at this point who cares. Posting bond is very difficult especially if you are new to an area like Kentucy, I believe we will see the former #3 mine follow shortly,I truly  think they have suceeded that is why I am not ranting anymore.  In order for a bank to post bond you need to prove you can return the land back to its original state after mining. So its not they don't have the funds its all stringent regulations. But this to me is the the most positive NR before we actually get #2 and #3 up and running.

Mad Money...
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