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

TSXV:NAG - Post Discussion

North American Gem Inc > NAG =Speculative
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Post by seanj1 on Oct 01, 2010 11:53am

NAG =Speculative

I don't understand people who constantly keep whining about the stocks that they supposedly own?  If you hate the management and company so much then why not sell and move on, why waste your time here?

If you have not diversified your portfolio and are just relying on these Speculative stocks to make you rich then you should not be investing at all. You can't expect to make money on every stock you invest.

NAG is very speculative at this point until they get their mines operating as they have promised to do... I am not impressed by the management either , but you are always taking chances with these types of investments.

You win some , you lose some...
Comment by goldengirl20 on Oct 01, 2010 12:12pm
The key word here is PROMISED which is not in NAG's vocabulary, hanging around to see what happens to Chucky justice will prevail.
Comment by ivanhoe2 on Oct 01, 2010 12:39pm
I'm speculating that this will move as the mines open up. Mine 3 is BLUE COAL so they should be able to make some money on that one! In four months I see this stock well into the twenties, as they also have mine #4 open by then. Call me a clump, but I still see a bit of upside for this company. Anyone who was fast enough could have gotten into the PP. Say what you like but in 4 month those ...more  
Comment by ivanhoe2 on Oct 01, 2010 1:15pm
It will be about 3-4 weeks before they start to mine #3 as they are working on the roads and retaining pond. The mine has blue coal but I have to correct my last statement a bit, They will have to mine the regular coal off the top first before reaching the Blue Coal. Mine #4 will be open in March or so and it has Blue Coal. So prospects are good. It seems it all takes longer than you think.
Comment by Saturn4 on Oct 01, 2010 1:31pm
If it was IR that gave the potential starts for mine#3 and #4 .... Add another few months to that .... seems to be the way it works!!  Still waiting for W.V. to be mined!!!!!!!!!!
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