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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by nemo3on Nov 04, 2011 3:33pm
506 Views
Post# 19210747

RE: I heard that ( just a rumor )

RE: I heard that ( just a rumor )

hard 2 say. i think LL jv does not do much for NAG anyways. a bit of cash - but that is it - not enough to make a difference. LL has been a waste of money...like so many other junior company propeties.

the trading does not seem to be any big leak about drilling in SK cause the price is not shooting up. perhaps it is people just using it as a bit of a play hoping it goes up a couple pennies. for those that bought at .3c, they already have made a nice profit. where it goes from here depends on whether nag actually comes up with something good in SK.I would think if something good was coming out of SK and was a leak...sp would be rocketing up and it is stalled for now.

time will tell. But LL won't do much for NAG and the company has shown that it's operations in the states are just money losers.

SK holds some promise if they snag onto some good intercepts of coal and good quality as well.

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