Post by
profits4less on Mar 24, 2011 3:20pm
when will the day come
When I get to hit the sell button? The sooner the better. After re-reading richmans post, I am actually kind of afraid. If the next news report only talks about M3 being unable to perform and the reception of the road permit, we are all screwed. I was thinking that both mines would be operating by april, but leave it to nag to disappoint. Heres a suggestion, next time you talk to other company IR dept, ask them how many companies a CEO can run properly and how many is too many. How can I expect a company to move forward when the CEO does not even have the time to invest in the company?
Comment by
giordihead on Mar 24, 2011 5:12pm
You can hit that sell button any day...just the insiders have been doing
Comment by
stocknup on Mar 24, 2011 5:38pm
Insiders would have to own shares to be able to sell shares. NAG management owns virtually no shares.That in itself should tell you something. Even at 9 pennies, management does not see any future value in this company.Of course there is always richman to unload your shares on. He seems to like worthless paper. He must have a paper burning fireplace in his Recreational Vehicle.
Comment by
stocknup on Mar 24, 2011 6:40pm
Come on SYCYN, lets get real just for once. So he bought 16K worth of stock in a PP. Had he been smart enough to get the share price above 10 pennies, we all know they would be gone by now. He is a victim of his own incompetence.
Comment by
SUCYN on Mar 24, 2011 7:18pm
I am not a fan of Charles and when investors beat up on him, I totally agree, but lets not distort the facts...Charles could have sold his PP shares after the 4 month hold was up, because it traded at 0.12 for 2 days, 0.115 for 3 days and 0.11 for 5 days, thru Feb. 4th...Keep up the bashing , even though I'm a share holder, he deserves it...but keep with the facts...SUCYN
Comment by
stocknup on Mar 24, 2011 7:24pm
Well maybe he was too busy with one of his other half dozen ventures. Kinda difficult when you can only set aside one hour/day/scheme.IS THERE ANY OF CHARLES COMPANIES THAT ACTUALLY GENERATE CASH FLOW??????????????????
Comment by
SUCYN on Mar 24, 2011 7:41pm
I would assume that mine #2 is producing revenue, but we're probably losing money on it...I worry that the burn rate will cause another PP..We were told way back that there would be no need for a PP because the exercising of the warrants put ( I think) 1.5 million dollars in the till...We had two PP's since that lie...SUCYN