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

TSXV:NAG - Post Discussion

North American Gem Inc > why so many on ask?
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Post by str8cndian on Jan 19, 2011 6:14pm

why so many on ask?

i noticed theres been 1 million on bid and 1million on ask 1 cent apart. what is this?  some big player boxing this stock?
Comment by Edson88888 on Jan 19, 2011 7:45pm
It's all a game brother... just sit tight and when we do a run up, time to sell.The next news release will either be about stock options (granting more), another private placement, the sale of Louise Lake property, and/or finally the production of Mine #3.I'm hoping numbers 3 and 4 happen so we can get a run up.
Comment by str8cndian on Jan 19, 2011 10:02pm
whats the downside here?  Do u think this one could drop?  noticed some inside selling
Comment by SUCYN on Jan 20, 2011 9:06am
North American Gem Inc. (NAG) As of January 19th, 2011 Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction  ...more  
Comment by EconomcUpturn on Jan 20, 2011 9:29am
----------Original Message Posted 1/20/2011 9:12:44 AM---------- North American Gem Inc. (NAG) As of January 19th, 2011 Filing Date Transaction Date Insider Name Ownership Type  ...more  
Comment by EconomcUpturn on Jan 20, 2011 9:31am
I mean Soldi......the third jewel in Charles get rich scheme. Look at SLT.....then NAG.....now SOV. Really? Now Really! The sheep keep buying. Pump pump DUMP> Do some DD. ----------Original Message Posted 1/20/2011 9:12:44 AM---------- North American Gem Inc. (NAG) As of January 19th, 2011  ...more  
Comment by Saturn4 on Jan 20, 2011 12:46pm
It doesn't look good on the surface when the CEO sells for pennies on the cusp of some pretty major news (mine #3).  Digging a bit deeper, my feeling is that the CEO is exercising options and selling to generate money for NAG's till ... which is actually not a bad thing.  I'm sure when you take on such big projects there will be unforeseen costs and having money in the till ...more  
Comment by stavros67 on Jan 20, 2011 2:05pm
Hey, soooocyn, ya better stay close to home in case IR trys to call you on the bat-phone, again! lmgao
Comment by stocknup on Jan 20, 2011 5:19pm
Saturn, if you really believe what you are writing, you need your head examined!Charles has proven time and time again he has no interest in generating any profit for shareholders. This is merely a option payday for him.If anyone is thinking about investing in NAG, do about 2 mins of DD and you will find yourself looking for a real company and stock to invest in.This man, Charles, just makes me ...more  
Comment by shellfish1 on Jan 21, 2011 3:12am
With the money raised, the management did not spendit on what they were supposed to do and failed to deliver anything meaningful -that is the past record. Then the money was gone and another pp is needed tokeep the company going, while in the mean time the management sold theiroptions for a couple cents of gain. How can any decent management justify doingthat? After a couple round of this kind ...more