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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Post by profits4lesson Jun 14, 2010 11:18am
640 Views
Post# 17185942

thoughts

thoughtsI have been following this stock for a few years now, since way back when RCisBack was calling a trump, if any of you remember that far back.  I know mcnushi was around then to.  Hell we had even started a group of respectful investors for the sask coal plays as the whole area was heating up back then as GXS made it to 20$.  I would like to think I am long on this stock, but after looking at my trades on nag I could be seen as a long term flipper lol.  I had originally purchased in the 20's back then and sold in the 40's and since  then have flipped several times.

Everyone who follows this stock will realize that about every 3 months you can almost double your money.  In the last rise to .22 I was thinking that finally we were going to rise and stay around the .20.  Well after a few days like always I sold out at .19.  Just last friday I was lucky enough to get back in at .125, unfortunately my other stink bid at .12 did not get filled.  Give it another 4-6 weeks and we will be back at the .20 cent mark where I will face the same decision again.

My point being I hear a lot of complaints about time and delays.  Well if you play aroound with a small 5k in this stock on a yearly basis, I dont understand how you can complain.  I must have around a 500-700 percent gain on this stock in the last 3 years, and I for one am very happy.  One day this stock will take off to the .30's, and if you cant wait, |I suggest you sell me your shares at .125 and move one.

There is always a constant variable in this stock and it is called delays, get used to them.  mine 2 will soon be in productyion, but then we will have another delay until the mine reaches full capacity.  I am already anticpiationg more delays were you will have the chance to sell and by back low.  anyways, its just a rainy day here in MTL and I figured I would share some of my thoughts on this stock.

Happy fishing everyone
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