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Novus Energy Inc > what are the odds...

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Post by Shlinker_ on Mar 11, 2013 4:58pm

what are the odds...

NVS does a financing at 1.00, for 40 million, and buys out VCA? what a disaster. I might sell tomorrow folks, the risk has become too great for me. Id rather pump back into RPL or PTA at this point. Cheers.

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Comment by jdgreat1 on Mar 11, 2013 5:27pm

if that happenes, why is it a dizaster? If that is case, you think the board is stupid if there is no potential from buying vca out? I bet they are smarter than you, wayyy better.

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Comment by counterintuitive247 on Mar 11, 2013 6:05pm

Well can't say I blame you. Hard to stay in a company who is not being transparent on current operations. An early YE and Q4 report would be nice, a corperate presentation seems practical, A guidance and reserves booking would be helpful. Sitting in the dark for too longer is dangerous place to be in the market these days. I personally think some sort of news needs to surface ...more

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Comment by Shlinker_ on Mar 12, 2013 9:40am

Thanks counter. I certainly wish everyone here good fortune in the markets. Especially those who own NVS. Like Ive said before Ive owned NVS off and on for years now, more on than off Id say. I certainly like the assets but it almost appears no one came knocking, and now NVS is attempting to increase shareholder value by perhaps taking someone else out - maybe a reversae takeover? who knows. My ...more

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Comment by counterintuitive247 on Mar 12, 2013 1:46pm

if not this week .. gotta be the next week, or the following ... LOL I am staying positive that no news means negotiation is happening between 2 or 3 different deals. Fine tuning. I will leave you Shlinker with some wisdom... In my single days I only landed a bombshell of a girl when I wait patiently and least expected it. Maybe I need to think along those terms for this ...more

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Comment by luckythor on Mar 12, 2013 3:42pm

I agree that we have to be patient, but it is difficult to wait. I do not think any decision has been made to this point, however, I am optimistic that good things will happen as National bank is buying again and Canaccord has taken a positive position in the last ten days. Shlinker, you could be right to sell, but I've been here too long to "jump" ship now! Wish everyone the best.

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