repost from my BLOG ,from last thursday

1) PERMITS

I am not going to dispute ,as I have no way of knowing, the posters that say they have called the claims office and were given info over the phone. In my humble opinion, I find it unlikely.

In terms of what I am getting from the field..... I say again that NAG has 100% secured one of the adjoining townships. They have the permit approved.

The other three sides as well as the GXS original land has not been finialized yet.

NAG , as anyone can read in the NR's has now submitted for permitting over 1 million acres. As of now the word is that they have been approved for about 35% of that.

I am unable to confirm the location ,at this time, of the 35% approved.

I am able to confirm the one approval adjoining GXS.

2) Whos accumulating...a Major?

The following comes from a broker friend of mine in Vancouver tonight. he says that he had a discussion with a group of brokers today in his office (reviewing the trades on NAG) that they feel that someone has accumulated a majority/ controlling interest in NAG. Based on their experience and some tid bits of info, they have arrived at that conclusion on reviewing the market trading activity.

The shear volume of stock traded the past few days certainly would have made it easy for a corporation or fund to get control of NAG.

At this point it is not confirmed information but they are doing their DD to find out who this buyer(s) potentially is.

3) NR on permits

I suspect we see the first one of many next week . I believe the market will turn up Friday as the possibility of news tues (perhaps another halt) is getting stronger.

4) NR on core from Adamas

In combo with first permit news or a day before or one day after permit news. They are both going to happen around the same time. (this is my own speculation based on timelines and time passed so far.