North American Gem Inc V.NAG

LL

[shellfish1]

So the LL will be sold out for 0.8 M over a 4 year period, with NSR in favor of the original vender. What is left for a company with nearly 200 M outstandings? 

NAG was burning cash at about 0.6 M/3 Mon at the same time last year with nothing delivered. Bet not to mine unless you have a deep pocket.

Shellfish

[donat50]

VANCOUVER, BRITISH COLUMBIA, Oct 19, 2011 (MARKETWIRE via COMTEX) -- NorthAmerican Gem Inc. ("NAG") /quotes/zigman/167545CA:NAG+14.29%reports that it has, subject to satisfactory due diligencecompleted by Hunter Dickinson Group ("HDG"), executed a legally binding andenforceable agreement between HDG and NAG to implement a Joint Venture on itsLouise Lake property (the "