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North American Gem Inc V.NAG



TSXV:NAG - Post by User

North American Gem Inc
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Post by ivanhoe2on Aug 10, 2010 10:53am
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Post# 17337287

Nag in "Investing News Network"

Nag in "Investing News Network" A nice piece on Nag....
Investing News Network

North American Gem
Cranking up Production at #2 Mine

There is a long tradition of coal mining in Kentucky that continues to this day. In 2008, over 120 million tons were produced.
The Blue Gem coal seam produces very high quality coal - higher than metallurgical coal - that sells for up to 200% more than thermal coal.

North American Gem (CVE:NAG) has just announced the start of production at their #2 Mine where Blue Gem coal will be produced in addition to thermal coal. NAG's #3 Mine has received mine permit approval and will also produce Blue Gem coal.

With a pipeline of coal properties, operational experience and sales contracts in place, NAG is transforming from a junior exploration company to an operating mining company.


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