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Bullboard - Stock Discussion Forum Novus Energy Inc NOVUF

GREY:NOVUF - Post Discussion

Novus Energy Inc > The financial analysts were bang on....they knew
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Post by claritas on Sep 03, 2013 8:54pm

The financial analysts were bang on....they knew

that something was flawed.  That it took 8 long months to find a buyer was a right flashing light.

Someone posted that decline rates were not important....obviously someone who knows nothing about the oil and gas industry.
Comment by sherbrooke1 on Sep 04, 2013 7:20am
This post has been removed in accordance with Community Policy
Comment by claritas on Sep 04, 2013 9:53am
sherbrooke1, Thanks for taking the time to wrtie such a thorough post. While I respect your opinion, I still think that there is a question about the validityof booked reserves. Down the road, the buyer may be able to obtain a more secure footing for the reserves and win.  On the other hand, if they don't...... I don't know why people are so taken up by brokerage firm reports ...more  
Comment by sherbrooke1 on Sep 04, 2013 11:17am
This post has been removed in accordance with Community Policy
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