North American Gem Inc V.NAG

Just wonder

[likeslt]

where Hhappy and Riddlethis are, two NAG firm supporters

It is common sense, if they still hold the shares and believe the company, they would come out posting daily because NAG has never in such good position for a good publicity.

 

They are quiet, so did they sell, or did they know something from the company and quit posting? Maybe they are away having a vacation… Maybe they were in Colorado chasing a balloon.

 

Cheers,

NAG, lets have some good news this week.

[HHAPPY]

I only post after the company announces nws. Hopefully that should be very soon te Kentucky drilliing. Then we can start estimatingrevenue streams. I try not to pump but just report the news based on what the company and tose who are doing the work tell the public or me.. Am holding strong.Good price to increase my holdings.IMO

[likeslt]

North American Gem Inc. Mobilizes two Augers to the North American Gem Mine #110/7/2009 10:49:13 AM - Market WireHhappy posted: Hopefully that should be very soon te Kentucky drilliing.We all know Augers are used for drilling, no coal product company i know uses anger for coal mass production. How much coal we can discover by 2 angers' drilling?  (lolol)I think we are drilling first

[wallywill]

Quote: " We all know Augers are used for drilling, no coal product company i know uses anger for coal mass production. How much coal we can discover by 2 angers' drilling? (lolol)" This has got to be an attempt at bashing towards the not so well informed. Coal mining with augers is not the same as drilling and exploring. This is mining via coal auger https://www.youtube.com/watch?v

[likeslt]

OK, now we know NAG uses two augers to mine coal. 6000 ton/month, 22 days a month, 2 augers, each auger produces 136 ton coal per day.  It seems we have monster boring heads.You know I am not only make sense, but also good at math. lol

[wallywill]

Sorry your math is not that good. Your numbers are about half of what NAG stated. Keep trying!Both Engle Hollow Mining and Kentucky Mine Power have agreed to a fixed cost per ton of coal mined. This will allow North American Gem to control costs and more accurately project earnings. NAG expects to have a monthly coal production level of approximately 10,000 net tons, given each auger can produce 4

[likeslt]

Wallywill, OK, 6000 ton per auger, each day, one auger produces 272 ton coal (22 days a month). I know you sound like Enerman who is good at pictures, links, can you post a link, or a pretty picture showing what kind of monster auger can dig 272 ton a day?

[wallywill]

OK here is one that can easily exceed 272 a day. This is not to say that this is the one that Nag is using: https://newcastleonhunter.com/mediapix/olstan-opencut/brydet-highwall-auger.jpg GLTA Wallywill

[likeslt]

I don't see any specification on the picture. It is Highwall auger but NAG said in NR it is not Highwall mining.500 ton coal & dirt (272 pure coal) is a mountain, are you sure the one equipment on your picture is able to dig out a mountain?