North American Gem Inc V.NAG

COAL

[flooring]

NAG has property near Goldsources Border property that they optioned to SF &  WCU Febuary 2009.  SF /WCU have done nothing with it so, they are in default as of the Sept 2010 financials.With the recent news from SMI, maybe management may be considering this property on their own. This could be the reason for the unexpected PP.

[shellfish1]

Today’s 10% up is likely due to SMI. GXS did the same too. Under such a circumstance, I’d rather NAG’s management all shut up so that we shareholders can take the ride at least to some degree.    Remember each time when NAG’s SP is about to take off, the management always releases bad news. Someone on this board wonders why. It makes sense to me that, when good news coming out (from