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Bullboard - Stock Discussion Forum Novus Energy Inc NOVUF

GREY:NOVUF - Post Discussion

Novus Energy Inc > Hang On
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Post by GLENN# on Jun 01, 2012 5:31pm

Hang On

If you think we are doing bad check out Gallic Energy - v.glc.  They went from
.26 to
.055 in 2 weeks.  Now that hurts.  It's the summer but I'm holding onto a good company while I can.  Unless we get some surprise that I can't see we will do OK .
Comment by Joyce1952 on Jun 01, 2012 7:46pm
I attended the AGM May 24 in Calgary.  The part of the presentation I found of most value was that of the workers on the ground, and I had a chat with them after the meeting.  They provided an explanation on how the fracking works (page 18 of their presentation), as well as marketing, i.e. how they get the best price for product and details of their oil ...more  
Comment by GLENN# on Jun 03, 2012 12:04am
Why are you pumping a wind generation stock on an oil site?
Comment by bridgediver on Jun 03, 2012 3:09am
This post has been removed in accordance with Community Policy
Comment by gerat on Jun 04, 2012 4:45pm
I hope that the low oil price is not used as an excuse for issuing more shares to raise capital. Dillution is our worst enemy.
Comment by Joyce1952 on Jun 04, 2012 11:25pm
I had concerns over dilution, too, and asked the following question: Do you think the company will buy some more shares back as they did last year?  The low price is starting to make that attractive. To which the company responded: We’ve bought shares back since putting the buyback in place and we will continue to do so.  
Comment by bridgediver on Jun 05, 2012 12:29am
This post has been removed in accordance with Community Policy
Comment by LeafRider on Jun 05, 2012 12:43pm
This post has been removed in accordance with Community Policy
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