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

TSXV:NAG - Post Discussion

North American Gem Inc > Lets get real! Ignorant posting do not help
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Post by HHAPPY on Feb 12, 2009 1:13pm

Lets get real! Ignorant posting do not help

'they are always  always behind the game".
Then how come the have the largest permitted land holding for potential coal in Saskatchewan!! NAG not only early but other companies who staked and submitted claims on what they viewed as potential coal plays found that NAG received first priority rating by Saskatchewan Mining Dept.
NAG has always stated that to prevent share dilution which would hurt shareholders, they would develop their Appalachia Coal property first. The revenue expected from that project could then be used to pay the costs of initial drilling in Saskatchewan.
As the companies already doing drilling report their results, NAG gets a better idea of Targets that they have locked up-at no expense to NAG .
People complain that NAG is "all over the place with their acquisitions". They have concentrated in developing Louise Lake and of course the metals collapse has delayed that project. But being early in Sakatchewan was a great move.
As alwys patience is needed with juniors and in troubled times.
Comment by Invesking on Feb 12, 2009 1:27pm
...troubled times? NAg must have been suffering from the economic collapse for years then...Look, they have always been good at getting the properties, just don't know what to do once they have them.Louise Lake? Are you serious? They did such a good job on that they had to pretty much CLARIFY everything they have been telling investors about that property. I hardly call a "1000m drill ...more  
Comment by HHAPPY on Feb 12, 2009 1:43pm
Your post may have a negative spin, but I can't blame you in this Market. Who are these "How come all other companies can move ahead," ALL OTHER- I can name a few but vast majority are not moving any where. Look at GM/AIX today. Announced they will be drilling In Manitoba for coal by March 1st and their share price barely moving.GXS, of all potential winners in Saskatchewan play is ...more  
Comment by Invesking on Feb 12, 2009 3:08pm
HHAPPY, you know nothing personal from me. You know that.Its just that being positive when there really is nothing to be positive about is just as antiproductive as being negative.I am sure you have a better handle at whats going on, but try to disconnect yourself and be put in the seat of the average 'joe', no news explaining things, no news except clarifying past releases, which doesn ...more  
Comment by wdw on Feb 12, 2009 10:30pm
HHumpy, the company hump, the company schill...........remember, nothing has ever been done, never will be....used to be that peeps like this were just run out of town....now he's just hanging around doing the dis-informatoon rag.
Comment by wdw on Feb 12, 2009 10:34pm
how long till this is deleted......we're mindful of the US financial downturn and the need for regulation but we, in Soviet  Canuckistan, have no clear regulation of this industry.....I'm sure HHappyhumpy is a team player, willing to do the dirty work.