North American Gem Inc V.NAG

News - excellent

[Stampede1]

This is a major coup and should have a major impact on NAG's reputation as a mining company.

Stampede

[lucci2005]

Well the good news is that NAG is moving forward.  They are putting in a team of professionals together to mine Kentucky.  They will be there for the long-term by the looks of it.  Forget 8 mines.  I believe they will keep acquiring mines and they will have a lot more than 8 (eventually).  So this is good news for the long-term.  Not so good for the short term since

[stocknup]

What a pathetic news release. Is this suppose to help the share price????And oh yeah, we just issued another 700,000 share options at .13 for FIVE YEARS.What a friggin joke this is turning out to be.Down we go.....again!

[Porsche928S4]

I believe now that when IR reports that 'positve' or 'good' news is coming out,...this is in reference to themselves and their pocket.  It does not, in any way, reference the state of the investor.   Please posters do not post anymore about IR stating that they will be stiffing me again next week .  I need to go puke now.700,000 issued~   WTF?

[donat50]

I agree with you Lucci .As I have said in the past come August NAG will be in FULL AHEAD MINING IN KENTUKEY .They can bash it all they want the NEW TEAM IS SERIOUS .We will reap the benefits .So sit back and watch .GLTA

[lucci2005]

It's quite simple.  With every new person (expert) they add, THEY ISSUE MORE SHARES.  With every new property they add, THEY ISSUE MORE SHARES.  And then let's not forget Friday afternoon news releases of ISSUING MORE SHARES because, well, they've done so much for the share price in the last year that they should pat themselves on the back.Maybe they have done a lot, but

[ivanhoe2]

I agree it will be a good future just not today. I just bought more because I believe we will go. They seem to be growing a dream team for forming a Large mining company (us) in Kentucky. This NR is just an appetizer to the next course of good NR's. Which I don't know what they will be, but good grief, why these people if not for something huge that will need expertise to push it thru the

[Saturn4]

This is excellent news -- shows NAG's determination and plans to move forward into the coal industry.  I like the fact that NAG stuck to its guns during the worst of the recession to stay with coal.  Tells a lot.  P.S. -- All you folks complaining about options and share dilution, I understand your concern.  BUT, I don't see it as a negative.  If you want to keep

[arthur7440]

And Thats The Truth These Guy's are very GREEDY, But This May Help. US coal stores fall 1.8 pct for week - Genscape 12:00 EST Tuesday, February 09, 2010 HOUSTON, Feb 9 (Reuters) - Coal stockpiles at U.S. power plants fell 1.8 percent this week but remained 10.9 percent greater than the same week last year, Genscape said Tuesday. U.S. generators, which rely on coal

[Saturn4]

Nice post arthur7440 --- I wonder where drummerboy is?? LOL