North American Gem Inc V.NAG

Louise Lake

[raha]

When I posted about a few positives re-LL the other day the bashers literally jumped out of their skins in outright horror! Shame! The value of LL is increasing as the price of metals moves upward. In fact the price of copper is now close to $300.00 lb. I bought NAG for LL and will continue to do so. The profits from Kentucky will serve to fund further work on that property as we move forward. I expect that the bashers will continue their uninformed posts but as I said before, they provide the necessary humour needed by serious investors who actually have a position in NAG.

[skydancer]

I agree with you regarding LL . Just 1 point on your post, you should have placed the decimal point 2 places to the left. Copper closed today at 2.89 bid and 2.90 ask per lb. This is by far higher than the price in the lastresource estimate. All in all you can double the value in the resource. Not sure why NAG has forgotten aboutLL but I guess they were looking for a sexyer property like GXS in

[lucci2005]

Here's my 2 cents.  I don't think they want to do anything about L.L. just yet.  And here is why I think.  If they start drilling, production, etc. on L.L, this costs money.  NAG does not have money right now to do that.  They would have to dilute further.  Instead, they went out and got several properties and coal leases (Kentucky and WV) that are near

[FratzyBottFish]

   Your 2 cents, make sense Lucci!   I also think that there will be news this week. Might even be today ... The last hour of trading yesterday ... +419 K. and only 189K in the rest of the day ... So some things to be released IMO.... and it could be today .... Why not! Just my thought.GL!Fratzy!