North American Gem Inc V.NAG

9talked to mark in ir

[wigglie1]

mine#2,  weather is slowing things down. I asked if they were getting 10000 per day. His answer was no, not with only 1 shift. 5000? He wasn't clear or didn't know, maybe both. he did say they were stockpiling and I believe he said they have sold some.

#3 road route not finalized or permitted, shouldn't take long to push in ??


#4 granny rose, permit moving along, maybe 3/4 months   again???



LL , people looking  didn't seem there was much to be excited about.

[actionplanner]

I didn't think they ever said they would be mining 10000 tons a day, I thought it was per month? Would be nice if they did though...lol

[Saturn4]

Nope, not 10,000 a day - probably a typo.  I think the target was around 8K a month on mine #2 - which is quite significant in and of itself:   8000 X $70 (a ton as a very conservative figure) = $560,000 a month in revenues which equals a very conservative  $6, 720, 000 a year in revenues just on mine #2 alone.  Again, the price of coal right now is significantly higher than

[SUCYN]

Saturn4, I agree with you .....I think there is much more upside than downside...I just may take longer than we thought...SUCYN

[profits4less]

It's always taken way longer with nag than anyone would have ever thought.  So, I will stick it out a while longer and wait for a few good NRs.  I mean the SP can't really drop any lower and once the 2 mines are producing we should be in for a nice ride, so why anyone would want to get out now is surpassed me.  I keep hoping my stink bid gets filled but thats just me being

[Saturn4]

I just can't understand who keeps on putting asks @ .105 ... every time I think they are cleared, someone reloads it ... WTF?  We need to be chomping at the .11 cents asks and move this along.

[fish02]

i just got back in last week at .11 . a really good source told me to buy nowtake it as you wantfish

[letsbefriends1]

I agree...I don't really see the downside risk here, asides from the standard risk of the company going under. It's not like they're exploring for a resource and may or may not find some - the coal is there and waiting to be extracted but it's just a matter of executing in a timely fashion. Weather definitely will delay projects, but if takes another couple months to start

[Saturn4]

Looks like house 58 / Qtrade is selling most of the shares today @ .10 and .105 .... Could be one person wanting out for whatever reason ...

[SUCYN]

Recent Trades - Last 10 of 16 Time ET Ex Price Change Volume Buyer Seller Markers 13:49:46 V 0.10 -0.01 9,000 58 Qtrade 58 Qtrade K 13:49:46 V 0.10 -0.01 1,000 1 Anonymous 58 Qtrade K 13:49:46 V 0.10

[actionplanner]

letsbefriends, I agree 100% with your post. as well as Saturns, Sucyn etc.  I'm still hopeful and holding. I also haven't seen any insiders dumping lately. I hope they don't dump till it hits at least .50 . Maybe these guys that are dumping @ .10 will run out of shares, and the buyers are willing to hold till next fall. Yes there are risks as with any penny vse stock, but the