Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by nemo3on Sep 08, 2011 12:39pm
367 Views
Post# 19022862

RE: RE: RE: RE: if NAG hits coal

RE: RE: RE: RE: if NAG hits coal They may have wanted to generate funds to drill in SK - but according to the latest financials...that did not seem to happen......"Without modifying our opinion, we draw attention to Note 1 to the consolidated financial statements which describes thematerial uncertainty that may cast significant doubt about the ability of North American Gem Inc. and its subsidiaries tocontinue as a going concern."...." The only money they get is either from loans or private placements so to continue means much more dilution. The money they got from the #1 mine in Kentucky ended....so these leases on small coal properties are obviously not a profit maker for the company. Still, some profit may be possible on this stock dependant on what drills in SK turn up.
<< Previous
Bullboard Posts
Next >>