North American Gem Inc V.NAG

drilling

[nemo3]

one would think the drilling should b completed and in the lab. they were only drilling 3 holes - would not think it would take longer than this to drill them.

[donat50]

ithink they where looking at 5 holes if I remember right .But you are right we should have results soon .

[SUCYN]

Rumor has it that the drilling in Sask. was halted because of water and will resume when the ground is frozen..Also the rumor is that the samples that went to the lab. were partially compromised because of the water...again just a rumor...time will tell if the are true...

[shellfish1]

It won't be surprising if the rumor turns out to be true. It is, however, surprising that the management did not anounce pp and options immediaterly following the drilling NR. Cash is running out; needs pumping to raise sp and money. Shellfish

[donat50]

Maybe they do have a deal at LL so they won't need anymore money .What a shame there wasn't a lot of gold there .This would be the time to help SP .just a thought .

[actionplanner]

donat, NAG has no gold or coal.... They've had ample time to prove up any resource, but came up with only ample excuses. Any company Chuck is head of is the same. Any company that Sid Himmel has is in the same boat also. They look for abandoned mining territory that was mined out years ago , then they hype it up as a mineable deposit , get the sp up and dump their shares , and start up another

[Saturn4]

Actually, NAG has had a number of hurdles thrown it's way in Kentucky ... the problems it has encountered so far have been unreal ... having said that, it looks like the problems are beginning to resolve.  I personally think that NAG should have proven up resources before starting to mine in Kentucky and did better due diligence.  As for the drilling in Sask ... we need an update ...