Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by lucci2005on Jul 06, 2010 12:28pm
394 Views
Post# 17247130

RE: RE: Set the record straight NAG

RE: RE: Set the record straight NAGSaturn, I think the 12 month prediction was based on the 8-10,000 tons/month, no matter how many augers are being used.  NAG was barely producing 8,000 (or was on pace to produce this amount) in early 2010.  So there is no way they could have mined the full 96,000 - 120,000 tons predicted/estimated by July 1.  Therefore, either they are doing reclamation as they progress, or the stopped mining because there is nothing else to mine on #1 and their previous estimate was all fluff.  I prefer option #1.  I left messages with IR and as soon as I hear anything back, I will let the board know.
<< Previous
Bullboard Posts
Next >>