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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Post by lalala1on Jul 05, 2011 11:22am
349 Views
Post# 18796419

Let me translate

Let me translateNAG has sub-leased the North American Processing Facility - We took on too much and can't handle it anymore

NAG continues to explore its current leases - this is all we really know how to do

NAG has already received an access road permit for the Swan Pond lease however - we are trying to buy time due to our next point

 NAG is continuing to work on improving the production numbers at NAG Mine #2 - we couldn't kick M3 from the mine and now are screwed

An update will be provided when the company learns of any new developments - expect the sp to drop more until/unless we get our act together

IMO
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