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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the Montney formation are located near the City of Grande Prairie, Alberta, approximately 600 kilometers northwest of Calgary. Its Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500m.


TSX:NVA - Post by User

Bullboard Posts
Post by vlieton Jan 11, 2011 7:40pm
405 Views
Post# 17956873

At present no one wants it that's for sure

At present no one wants it that's for sureTrading at ridiculously low price given their assets.  I own a lot of the April calls on this one.  By then this stock will have to have figured a few things out.  Investors dislike uncertainty and right now no ones knows the direction of NVA.  Great assets but everyone's sitting on the sidelines at the moment.  Only some value investors picking up the shares of those bailing because the stock has moved nowhere.  Chart is terrible but the decending triangle can't last forever. 
Bullboard Posts