North American Gem Inc V.NAG

I would asume the bond has not been posted no PP

[goldengirl20]

The proceeds of the private placement will be used for several planned cost. towards theMost importantly partial capital will go  posting of the bond on the upcoming North American Gem #3 Mine (Swan Pond Lease; Application permit number #861-0502). This will activate the mining permit and allow NAG to begin production using KMP as the mining operator.

Additional capital will go towards building infrastructure at the North American Gem #3 Mine site, potential acquisitions and bonding, additional upgrading for the North American Gem Processing Facility (Mine Permit #861-8012), building of access roads onto permitted leases and general working capital.

[Saturn4]

1.     PP likely not filled yet or we would have had news 2.     Selling pressure likely because of warrants as HHappy has stated -- once it subsides I think we might gravitate to the .12 cent range again until PP filled / mine #3 news ---- then all bets are off --- could jump huge - hoping anyway.3.     LL not worth very much so lower your expectations

[SUCYN]

Your right about #3 by mid Sept...There has been no insider selling for a while, so if it is the exercising of warrants, today would be the first day related to that....or maybe the warrants were exercised a while ago, since the earlier PR said they banked $900,000.00 from warrants...The bond has not been posted on #3 yet...The PP is still open , but enough money came in to buy more property...In