North American Gem Inc V.NAG

Also Cash Position - Q2 Financial Statement

[Kiktyre]

As of end of June 30, 2008, NAG had $1.74 million in cash ($1.88 million in Current asset. $5.96 million in other assets) after paying for all the coal permit applications. Liability was $0.223 million.

KT

[RCisback]

Yes, NAG has PAID for all their permits with cash on hand.Thats a very positive sign that even the bashers should note.

[Enma_49]

KT, are you NAG’s IR? It seems you know a lot about this company. I wonder how many aliases IR use these days. lol NAG was nothing (a 5cent stock) before it started coal P & D. Adamas is not a poor family which has to give away its baby to a wealthy family for baby’s consideration, besides, NAG was really poor at that time – a 6 cent stock. If it is a really coal property, Adamas