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Novus Energy Inc NOVUF

Energy Oil & Gas E&P


GREY:NOVUF - Post by User

Novus Energy Inc > Rising NA oil prices - should help Novus
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Comment by luckythoron Jul 20, 2013 8:21pm
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Post# 21620120

RE:RE:RE:RE:Rising NA oil prices - should help Novus

RE:RE:RE:RE:Rising NA oil prices - should help NovusPoker, I have read almost every post and you have only anticipated a sale as I believe everyone has to date. Personally, I was at the forefront to have the company sold, but with oil prices rising I would like the company to hold off until at least Q4 as I agree Q2 & 3 will be show that the company is worth at least 1.70 - 2.25/ share. I thought production revenue would exceed $115M, but the latest oil price increase should bring revenue in the area of $125M which is over 60% increase from 2012 and profits over $20M. I definitely am long on this stock!
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