Post by
moneydaze on Nov 18, 2009 7:40am
Priced in .....
Hello everyone
I know that we have all been waiting for this new release now for quite some time. This has been the longest period between news releases for North American Gem since mid August. Although I do feel that this release will be beneficial to the price of the stock and will attract an influx of new investors to this company I am worried about the fact that we all pretty much know what will be contained in the release. It will state that the company has commenced hauling of tonnage either directly to Blue Star (clean coal) or to the kipling plant (dirty).
What is everyones opinion with regards to the stock having already built in the next news release to its share price?
From my view I see it slowly drifting upwards to about the 16-18 cent range until either more mines are put into production, we recieve drill data from #3 and #4 or the quarter end financials ( as long as a profit is shown).
However there are some things that we are waiting on that could cause the stock to "pop" that being a takeover possibly by solitaire. Long term mine placed into production (rumour has it we have one maybe two mines with 20+ year lifespan coming down the pipe) or a large discovery on any of the properties.
I am not trying to Bash or pump here but rather stimulate some interesting banter between us that may be beneficial to all shareholders in the company. I currently own a large number of NAG shares and hope that they do climb, however I dont see a meteoric rise but rather a gradual but stable rise from here on out.
Cheers
Moneydaze
Comment by
moneydaze on Nov 18, 2009 1:13pm
Thx Saturn I agree with both of you.... Just stirring the pot to see what kind of thoughts and opinions I can get from all of ya.I also believe they are going to pull this off its just a matter of time.Moneydaze