North American Gem Inc V.NAG

FYI

[shellfish1]

As recorded by SMIS, the operators for Mine#2 are now M3 and Swan Creek Mining LLP (as of May 20 2011) and Swan Creek Mining LLP for Mine#3 (as of May 20 2011). Swan Creek Mining LLP only serves as an operator for NAG mines, but not for any other mines at the moment. Not sure of the background of this company (no information online).
Also no other development has been recorded for NAG. Not sure what this means.
Shellfish

[Porsche928S4]

Thanks for posting the info,....I guess we are nearing the point where M3 is going from bankruptcy protection to bankruptcy.    This did suck for NAG as they had to allow the 45 days or whatever number it is in the USA to expire.   Hopefully with this stage completed NAG can now move forward and stop this slide in stock decline.   Charles get of you're $ss and get this POS

[shellfish1]

As recorded by SMIS, #8610512 (Mine#4?) has been recently administratively accepted. Swan Creek Mining LLP has just been fired as the operators shortly after it was appointed by NAG as the operators in May. CEO CD, if you can here me, you must consider to build your own production team if you are serious in the coal business. Otherwise die hard with NAG!   Shellfish

[stocknup]

I don't beleive CD or NAG has fired anyone. These operators likely have all walked away from NAG after being promised work, but given none.What has NAG mined in the last year? 100 lbs.....maybe. IMHO, this stocks future is a bright as NAG's past!

[smithski]

www.stockhouse.com/Columnists/2011/Jun/28/U-S--coal-production--What-investors-need-to-know