North American Gem Inc V.NAG

Spoke with Archie earlier today.....

[george1963]

News on production startup on mine #1 by Wednesday or Thursday.  Right now they are completing repairs on the .5 km road from the mine to the plant. This will be finished in the next couple of days but has to be done properly because without a good road coal shipments will only last as long as the road holds up so it is important to have it in good working order. Archie also mentioned there will be more news to follow including getting the permits approved for mine #3. They submitted the permit application for mine # 3  two weeks ago and should have them approved over the next couple of weeks. They applied for the permits for mine # 2 last week. It is possible they could immediately go into production on mine # 3 once they receive permit approval. They plan to use the highwall technique on mine # 3  and this will triple production to 30,000 tons of coal per month (3 times as much as mine # 1 using the auger method). The infrastructure is already there and all expenses are updated and paid. Yes my friends we could be producing from mine # 3 by December 2009. I hope my information is helpful. I am only repeating what I heard from Archie. I am not pumping but trying to be as factual as possible. Hope this helps.

[Saturn4]

Looking good ... Last summer's highs should be gone quickly IMO ... but lots of "ifs" and "whens" still ... highly speculative ... sure starting to look better now though ... hey, wouldn't it be cool is NAG surpasses GXS in s/p??  Wow, that would be something ...

[chag25]

nag is going to hit a homerun......

[sambrown21]

yeh but are the bases loaded?

[Saturn4]

Base #1 almost loaded and bases #2, #3 and #4 will be loaded in due time.  The grand slam will be when NAG reports its earnings .... that will be the part of the game to really watch ... a connection right out of the ball park!!  We can dream, can't we?  Sometimes dreams do come true ....