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

TSXV:NAG - Post Discussion

North American Gem Inc > Not Unusual !
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Post by raha on Oct 14, 2009 11:56pm

Not Unusual !


I have been investing in the junior mining sector for over 50 years, probably quite a bit longer than other posters on this board. Junior miners only skyrocket to new highs on great initial drill holes ie. Goldsource, Voiseys Bay etc. and then as they enter a pre-production phase they consolidate at lower price levels. The production phase results in higher share prices as serious  investors want in. NAG is in the pre-production phase and actual production will convince investors that this stock is for real, and there will be upward price movement. I have seen this scenario many times over the years and I dont think NAG will be the exception. Patience is required at the moment. The bashers have absolutely no effect on the price of this stock, but they do add comic relief, with their only competition coming from the Toronto Maple Leafs!
Comment by sektorXII on Oct 15, 2009 7:43am
So next week once production is announced any ideas as to where and how long it will take this sp to go north more than 1/2 cent a week?And any guess estimates to volume and settling avg price?
Comment by lucci2005 on Oct 15, 2009 8:06am
Just a general question for the board.  When NAG takes off and if it hits 0.12, 0.15, 0.18 etc etc., will you sell or will you hold?  I know the trick is to take profits on the way up.  But the trick is also not to kick yourself when 3-6 months later you can sell the same shares for possibly 2 to 3 times more.  It's your shares and your stock but NAG can only go up from ...more  
Comment by pitbullish on Oct 15, 2009 9:10am
sell 50% if it doubles and let the free shares ride
Comment by likeslt on Oct 15, 2009 10:09am
" Just a general question for the board.  When NAG takes off and if it hits 0.12, 0.15, 0.18 etc etc., will you sell or will you hold?  I know the trick is to take profits on the way up.  But the trick is also not to kick yourself when 3-6 months later you can sell the same shares for possibly 2 to 3 times more.  It's your shares and your stock but NAG can only go up ...more  
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