Excerpted from another site:

Taylor says buys North American Gem

2010-01-07 17:48 ET - In the News

Jay Taylor in the Dec. 15, 2009, edition of Gold, Energy & Tech Stocks tells readers to buy North American Gem Inc., recently 12 cents. This is the first time he has recommended the stock. North American Gem has begun production at its first coal mine in Kentucky. The company expects to produce between 5,000 and 10,000 tons of coal per month from the property. Mr. Taylor says with coal selling at roughly $56 per ton, and costs at roughly $40 per ton, the mine should produce between $960,000 and $1.92-million a year. The newsletter writer notes North American Gem also has two other Kentucky coal mines headed toward production. Mr. Taylor thinks North American Gem's coal, which is known in the industry as "compliance coal," will be a big winner when times get rough. Compliance coal means power companies can use it without the need for scrubbers. In addition to its coal properties, North American Gem also holds a copper-gold-moly target in British Columbia that may have some longer-term upside. Mr. Taylor thinks this stock has limited downside and should richly reward patient investors.