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Bullboard - Stock Discussion Forum North American Gem Inc V.NAG

TSXV:NAG - Post Discussion

North American Gem Inc > NAG SEEMS DEAD
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Post by MOONGLI on Dec 11, 2008 1:10pm

NAG SEEMS DEAD

GXS AND WGF BOTH ARE UP !!
NAG SEEMS DEAD .
Comment by Aunt_Sally on Dec 11, 2008 1:13pm
NAG needs proof that actually have something!!  It's NOT good enough to just be the next door neighbor!!!Aunt SallyPS: Even IF they do have coal, it's WORTHLESS!!!! But, you never know, maybe they'll find diamonds, or gold or something else!!! Best keep your fingers AND toes crossed!!!
Comment by marketmover1 on Dec 11, 2008 3:50pm
hate to break this to you but NAG is dead. First of all NAG cannot be compared to GXS and WGF as NAG is not in the same area. They are 100+ km away. I know I know, NAG has there own discovery at ADAMAS, 5m of coal at a depth of 150m. Not exactly mineable coal. Secondly NAG will have to do a PP to raise cash for further exploration of the Sask properties and ACC start up. Anybody who says that they ...more  
Comment by Auntidiamante on Dec 11, 2008 3:55pm
"So please if anybody out there knows of a company that went into production without following the proper steps to ensure a viable mining operation please post it here. I bet nobody can."I can, I can! Tahera brought Jericho into production by issuing close to a billion shares without a viable mining plan. It gets delisted tomorrow.IMO!PS - NAG - DOWN the toilet and out to sea, resting on ...more  
Comment by Perform4u on Dec 11, 2008 4:01pm
NAG is moving forward in regards to production with or without you....time will tell...perform4U
Comment by marketmover1 on Dec 11, 2008 4:37pm
they are going into production because charles said so. There is no proof that NAG has everything in place to begin mining. All we got is chuckys word. good luck on that. MM
Comment by OldManWinter on Dec 11, 2008 4:39pm
NAG has proved over the years to be nothing more than a promotional company. In the years that I have somewhat followed NAG, they have accomplished nothing. What about LL? Where are the results from Whisky? What about Western Basin? NAG is nothing more than a gamble. I find it hard to understand how people can put their hard earned money in the hands of Charles D.
Comment by Saturn4 on Dec 11, 2008 4:41pm
Marketmover, much of your post is negative speculation which, I will give you, is a possibility.  But there is also a possibility which is IMO more realistic and optimistic.  For example, if you talk to IR and do some DD instead of ranting you would know that according to IR there are very little upfront costs for strip mining the ACC property.   NAG apparently has contact with ...more  
Comment by marketmover1 on Dec 11, 2008 5:38pm
You don't think I haven't talked to IR boy. I have heard enough out of those yahoos to last me a lifetime. Nothing NAG IR has ever told me has ever come true. Like I say where is the proof. Until they put out a NR stating they have signed contracts with strip miners to mine an x number of tons/day at an estimated cost of x $/ton to be sold a x $/ton to a bona fida buyer. Then it's just ...more  
Comment by Saturn4 on Dec 11, 2008 6:09pm
Marketmover, I see your point.  I am, myself, a little frustrated with NAG management.  LL results are apparently still going to be out "soon".  ACC deal was done over 2 months ago and still no drilling.  We've got permits in Sask. but nothing done there yet either - from what I'm aware.  I cannot fault NAG for the delay in permits (it was the permit ...more  
Comment by RCisback on Dec 11, 2008 7:13pm
not seems dead...IS dead till march or so of 09.get your self some kbc at the open friday . Even you cheapo's that use the 3 day settelement time to pay will make money.Bingo bango!!
Comment by MOONGLI on Dec 11, 2008 7:40pm
I absolutely agree with Saturn !!I had just posted NAG is dead today lol !I dont think Nag is dead atall its a long term investment as the short term spile in june-july is all over.Lets recall wgf and Gxs and other coal stocks going to abnormal highs , are there managaement bad too are they also crooks ?? So why blame Nag for anything .Who dosent like NAG dosent need to buy it atall.Management of ...more  
Comment by Saturn4 on Dec 11, 2008 8:06pm
Bingo Bango RC ... Now its KBC .. I see the s/p hasn't moved since you've been pumping it ... try harder, buddy.  Learn from your mistakes from the recent SLT pump!!!  Bingo Bango!!  It's tough to be a pumper in these markets!!  Good luck...
Comment by nagholder2008 on Dec 12, 2008 11:13am
I don't give a damn about "other coal play". I want to know WHAT NAG IS DOING. I am not interested in another piggybacking on another companies like GXS. GXS is DRILLING!!!!!!!!!!!!!!!!What is NAG doing? I am tired of promises. I don't want to hear the management "believes". They should believe in church. I want HARD FACTS!And I don't want to hear about the stock ...more  
Comment by nagholder2008 on Dec 12, 2008 12:54pm
Yes, these are the questions we should DEMAND answers for. We have invested our hard-earned money in a MINING company based on promises. NH
Comment by romara on Dec 12, 2008 1:21pm
RC .......F...O..
Comment by Invesking on Dec 12, 2008 1:40pm
...no, they are no good for promotions either.What I am saying is that if they were good at promotion, with 1.5 million acres of coal prospect and a new mine being built, then we wouldn't be the lowest of the lowest of the coal plays. this team does not instill investor confidence. I'll tell you what you can be confident about though. There will a 2 or 3 run-ups a year. thats a fact. Bank ...more  
Comment by nagholder2008 on Dec 12, 2008 3:24pm
"I'll tell you what you can be confident about though. There will a 2 or3 run-ups a year. thats a fact. Bank on that. I am extremely confidentin that."Very good observation. This stock is for traders and pumpers, not for serious investors.
Comment by poop616 on Dec 12, 2008 8:23pm
Very true.  If you have bought it at seven and hold until March or April, you should be able to dump it at ten cents.Repeat the process every  few months. Enjoy.