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Oceanic Wind Energy Inc V.NKW.H

Alternate Symbol(s):  NKWFF

Oceanic Wind Energy Inc. is a Canada-based renewable energy company with a focus on an offshore wind energy project. The Company's primary business is the development of renewable energy projects. It has been developing an offshore wind project on the north coast of British Columbia in Hecate Strait.


TSXV:NKW.H - Post by User

Post by BayWallon Oct 31, 2024 10:52pm
44 Views
Post# 36291765

Moving forward-interesting

Moving forward-interestingFor October, a doji candlestick exists with no body--- implies indecision on the part of investors. RSI remains in a positive divergence from the price. I was looking for two key candlestick patterns, but so far nothing. Just relying for the moment on the hammer candlestick formed in Sept., and waiting for a confirmation, which October did not provide.
 
Looking at the news releases, up to $50,000 for legal and accounting fees. Major stuff. Don't know the makeup of the limited partnership. Who owns/shares in what?
 
From a news release last year-The goal is to partner with First Nations and a significant company who can quickly engage in continuing the development of the project. Was this company Elemental Energy?
 
In addition, Oceanic remains engaged with an offshore windfarm developer.

Cost of the electricity will be a factor. But everyone moves forward despite this. Interesting. Insiders remain with their stock. Not super tightly held 40%+, but the stock remains price sensitive.
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