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

TSXV:NAG - Post Discussion

North American Gem Inc > Is NAG drilling in West Virginia?
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Post by Invesking on Mar 19, 2009 5:44pm

Is NAG drilling in West Virginia?

...does anyone know is NAG is drilling right now?

How can they afford this if they just loaned KBC all of their money?

If coal is close to surfce in WV as is stated, then they should know relatively fast if they have coal in the cores or not.

Unless, of course, they hired the student drillers like they did last year for lateral lake? Amazing how a historically high level of Rubidium on that property showed nothing when NAG drilled it, or was it SLT?
Comment by Diamante on Mar 19, 2009 5:49pm
NO, from what I hear, it's ALL been canceled!!!diamantePS: A GOOD move!!!!
Comment by wallywill on Mar 19, 2009 7:09pm
It seems that they are only drilling to satisfy the enviormental permit requirements. They obviously know sufficient amounts of coal is there and is moving into production without a reserve estimate. here is an exerpt from the last news release: Triad Engineering Inc., of West Virginia, will be overseeing the operation and providing the equipment, such as water trucks, bulldozer and drill rigs ...more  
Comment by youcan1 on Mar 20, 2009 9:30am
invesking comes to this board nearly everyday to bash nag. he has stock in gsx and is worried about his investment there. im not worried about nag therefore wont go to gxs board & bash their stock. imho
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