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Bullboard - Stock Discussion Forum North American Gem Inc V.NAG

TSXV:NAG - Post Discussion

North American Gem Inc > new is non news
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Post by laskowski on Jan 28, 2010 2:21pm

new is non news

I think the news was put out just to pacify the shareholders clamoring to hear something. It says nothing other than "We're working on it". It isn't a complicated mining process we are engaged in at the moment, there isn't a ton of fine tuning as when you are setting up a mill and processing the material,  so it wouldn't be difficult to give some specifics. Management is simply choosing not for whatever reasons they have.
I've been in this stock for years and they sure have been "working on it " a long time.
I will hold out till I see some production numbers, then decide if it has been long enough.
The lack of real transparency management has shown throughout the years is a disappointment  but I am financially hoping Charles will pull it off in spite of himself, and that he has indeed hired good people who can pull this off. In my opinion his strength is in promotion and initiating something. Bringing something to success
 will depend on others in the company.
Comment by Kobedog1 on Jan 28, 2010 3:13pm
Lots of news that moves share prices is fluff. Look at AIX for a perfect example. They did nothing, this week except cut a NR, but man did the share price and volume run.  Atleast NAG actually is turning a hill into coal and  has it sold. And that is real. Ford announces a profit  today and its share price drops.  Do I make my point ?Day traders are not bad. Actually ...more  
Comment by savannahssavvy on Jan 28, 2010 3:48pm
Not that it matters, "Kobedog1," but at no time did I even remotely suggest that "lots of news ... moves share prices."  You must be thinking of another poster!!
Comment by Kobedog1 on Jan 28, 2010 8:10pm
Wasn't thinking about your post Savannah. Sorry if it appeared I was. Was other posters, that got me writing.  See my private m. to you .  Take care.Kobe