The Old Nagis getting a lot of negative comments - unfortunately, they're all deserved.
Bought into NAG back during all the hype about GXS and the Coal in Saskachewan - figured if there was anything to it that NAG was a lot cheaper.
GXS is still way overvalued.
I had some hope when that bought coal properties in Kentucky - not a lot of coal but I though they could at least make a little profit in the current market - they have proven to be a BIG disappointment - as many have said - nothing but PP's Options and broken promises.
Sent them an email back in January stating :
"It doesn’t exactly give investors confidence when M3 Energy’s web site (link shown in your NR) becomes non-existent a few days after your announcement."
After a second email they responded (on January 27) :
"It will be up and running next Wednesday. We are not responsible for how they handle their website. Their main priority is producing coal not there website."
WELL MORE THAN A MONTH LATER, THE WEBSITE IS STILL NOT UP AND RUNNING AND WE HAVE NO NEWS ABOUT COAL PRODUCTION.
I'm convinced these people have no clue how to run a business. I'll hope for some good news this week - if not I'll take what I can get at a relatively small loss.
There are just too many other GOOD stocks to invest in !
fOR THOSE WHO ARE HANGING ON - I WISH YOU THE BEST OF LUCK