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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by lucci2005on Jul 06, 2010 10:40am
315 Views
Post# 17246579

RE: RE: RE: RE: RE: RE: RE: RE: re: Kentucky SMIS

RE: RE: RE: RE: RE: RE: RE: RE: re: Kentucky SMISDurkstan,

I agree with you for the most part.  In regards to selling, I'm not letting anything go for under
.50/share.  As for management,  I too have lost faith in management.  I have given them 2+ years to deliver, yet they have failed to on several occasions.  To me it's all talk for now, until I see it in action.  I am giving them until the end of this year.  That is another 6 months to deliver something.  If by the end of December we are not producing from 3 mines (including blue gem), I am simply going to sell and move on.  Regardless what the share price will be.  That will make it 3 years for me.  I think that will be my max for this company.

On the other hand (and like some other poster said it earlier), if we are producing from 3 mines (including blue gem), we will be a lot higher than 0.12.  Maybe we'll be in the 0.30's or 0.40's.  Who knows.  But right now, who cares about speculation.  NAG needs to get their act together and start delivering or it will be left with no shareholders in the future.  When that happens, their share price won't be 0.12 anymore (more like 0.01).  GLTA and hopefully by the end of August (heck, even by the end of September would be nice to have 3 mines in production).
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