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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by shellfish1on Mar 16, 2012 1:32am
519 Views
Post# 19679164

RE: hate to burst your buble but

RE: hate to burst your buble but

Once upon a time NAG had completed a 43-101 on LL but it was not that economically feasible then.

Later on NAG had chosen to focus on its coal properties to become the fastest growing coal producers in north America and decided to consider offer to sell LL.

After a while, NAG got stuck somewhere as the the coal didn't work and LL couldn't be sold out. 

So finally NAG got an option deal for LL. What a great deal for the $3 million NAG has spend on LL.

It does not matter whether coal or LL is involved. The point is that things never worked that well for this management.

Shellfish

   

 

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