RE: RE: RE: RE: NAG Under Evaluation
Hi:Actionplanner
I totally agreewith you - the reason to post is to vent frustration.
I can smellsomething bad from CBT.V and NDX.V. The two coal companies were/aredoing almost the same thing as NAG - auger mining but on the coking coal,initially targeting 10,000 ton a month. However, CBT.V and NDX.V never made it –they have been losing money, despite the fact that they are mine the high pricedcoking coal.
The reality might be tough for NAG though. How can weexpect good new especially for an experienced new starter? Also, the permit forMINE#3 has been issued. What a bond of less than 20,000 was posted for?
I hope that I was wrong. But at least NAG held on amarket-down day.
Shellfish.