North American Gem Inc V.NAG

$27,000 in the bank by exercising options

[SUCYN]

North American Gem Inc. (NAG)						As of April 12th, 2010
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Unit Price
Apr 12/10	Apr 01/10	Lock, Bruce	Direct Ownership	Common Shares	10 - Disposition in the public market	-100,000	.190
Apr 12/10	Apr 01/10	Lock, Bruce	Direct Ownership	Common Shares	51 - Exercise of options	100,000	.120
Apr 12/10	Apr 01/10	Lock, Bruce	Direct Ownership	Options	51 - Exercise of options	-100,000	.120
Apr 09/10	Apr 05/10	Desjardins, Charles	Direct Ownership	Common Shares	10 - Disposition in the public market	-100,000	.195
Apr 09/10	Apr 05/10	Desjardins, Charles	Direct Ownership	Common Shares	51 - Exercise of options	100,000	.100
Apr 09/10	Apr 05/10	Desjardins, Charles	Direct Ownership	Options	51 - Exercise of options	-100,000	.100
Apr 09/10	Apr 05/10	Desjardins, Charles	Direct Ownership	Common Shares	10 - Disposition in the public market	-100,000	.195
Apr 09/10	Apr 05/10	Desjardins, Charles	Direct Ownership	Common Shares	51 - Exercise of options	100,000	.100
Apr 09/10	Apr 05/10	Desjardins, Charles	Direct Ownership	Options	51 - Exercise of options	-100,000	.100

[goldengirl20]

Give it a frigen rest already the options exercised are peanuts , crap I own more than those and I'm sure it is a fraction of what they own. Anyone in their right mind would take a 100% if they could and if not they should not be in the market . Now if they sold all or a substantial amount of their holdings I would be concerned, if you really think what they did is unconscionable well you

[SUCYN]

goldengirl20, I wasn't complaining, I was saying by exercising their options, they are putting more money ($27,000) in the NAG bank....a good thing....SUCYN

[goldengirl20]

Agreed ,sorry

[cornpie]

and how many of us have that cash to always pay for your options, without selling some of the shares already held to cover the cost. Especially when you already hold a very large position.I think most of us would do the same if we were in that position!!!!!!