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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by actionplanneron May 11, 2011 9:24pm
284 Views
Post# 18563194

RE: RE: RE: How much is NAG worth?

RE: RE: RE: How much is NAG worth?All I know is NAG isn't worth what the last pp was, nor the options granted to insiders . That is a comforting thought, so management can't possibly prosper from their ongoing screw ups at last.  I do wish shareholders well with this, and wish they could dump their shares on managements laps for par value, The long and short of NAG is , IF there is minable coal, management should have found a competent miner to do the job, and wouldn't feed shareholders excuses all along with weather problems, permits comming,  road construction problems ,  Good Lord, I live in Saskatchewan , one of the harshest climates on the planet, and any coal is mined here 12 months a year, also, if a road needs to be built, it will be built!  As I say "IF' there is a minable deposit, it could have been mined. Thus my opinion is, there never was a minable coal field... One has to think why did the previous miner abandon the mine site back 20-30 years ago? Because it was no longer feasible.. Next venture for Chuck will be to mine the diamonds north of Yellowknife when Winston has pulled out because they have edged out to where it hasn't got the grade left. Yes there wil still be diamonds here and there , but not minably cost effective, same as anyother mineral deposit that has ran its course..    Wow long spew from me, but just my opinion.
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