North American Gem Inc V.NAG

NAG management, particularly

[HHAPPY]

their on site supervisors are very experienced  and proficient especially in Kentucky and W. Virginia. Hopefully a smooth and rapid production of our coal assets and plant cleaning .
I still feel we will have to wait for at least a month's work before we start getting volume and revenue figures.
But glad to see they are moving forward with lining up future other buyers to justify increased production from all their coal holdings. .

[ghislander]

Hello to all!any idea what the price of that type of coal is?15000 tons a month is not a lot but it's a beginning...also wonder what breakeven price is for NAG

[jfdid]

Agreed, to be realistic, we've still got some waiting to do for viability & revenue numbers.  There will be spikes and pullbacks with regards to the SP, but it will be a steady increase.  We've got some more news releases to come - actual augering, first coal through processing, first revenue...the next release should officially make us a coal producer...at under .15 cent