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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Post by Saturn4on Oct 06, 2010 1:22am
304 Views
Post# 17533362

August 4 NR says, in part:

August 4 NR says, in part:"Currently the permit application is under American Blue Gem & SteamCoal, LLC (ABGSC) (agreement signed August 2009). It is notable thatABGSC will allow NAG US to mine during the permit transfer process; theonly known delay to the commencement of mining will be the officialassignment of the operator, Kentucky Mine Partners LLC (KMP), whichtakes approximately 7-10 days. After the bond has been posted and theassignment of the operator is complete NAG US will begin mining at theNorth American Gem #3 Mine."

That was two months ago!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!  If you read it carefully, it makes no sense to me exactly what the NR said!!!!!!!!!!!!!!! But it sure sounded good when they put it out 2 months ago!!!!!!!!!!!!  This was before the PP and After the NR saying no more PPs
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