Novus Energy Inc NOVUF

RE: RE: RE: RE: RE: Going forward

[Feruk]

I bought back into NVS at this price. Previously rode it from $0.70 to $1.10 and sold thinking it'd either sell for $1.20-$1.25 or go back to $0.90. My fair value for this stock is ~$0.90 which makes acquisition upside free IMO. This reminds me of what I saw owning REL last year. No news of any kind, and suddenly bam, they were getting bought by CPG. Reserves and 2013 guidance should've been out already. No insider trading. Only explanation that makes sense to me is there's a deal on the table that's muzzling them. I think those that think this will sell for $1.50 are dreaming though. My price target's unchanged ($1.20-$1.25). GLTA