Novus Energy Inc NOVUF

Whitcecap Dodsland acquisition

[Marlbank]

WCP has picked up a Dodsland asset with roughly one-quarter the production and P+P reserves of NVS for $110m.

If anything, this leaves me more puzzled than ever about the valuation of NVS. It ought to be a double from here but the market is saying not a chance. As ever, scratching my head.

[Iching64]

would just like to agree with your comments -  stock  valuations can get distorted by  news, fads,  good media hype. But the share price of NVS  ?  I got a report from Canaccord  saying to be patient -  what does that mean ?  Wait for the market to realize the value here, or  wait for the manipulation to end ?

[sherbrooke1]

This post has been removed in accordance with Community Policy

[cosmicman46]

You asked so here it is... Focus Graphite FMS . Graphine made from graphite , will change the world the way plastic did .  FMS has the highest quality graphite and owns 40% of Graphoid a graphine play.

[rakethis1]

I really like SOG and MEI too. I have read some comments that suggest SOG gets up to a 10x recycle ratio. MEI keeps delivering monster wells that will eventually get the market excited.   DTX is my favourite though.

[Feruk]

Well this is bad news for us. WCP was high on my buyer list, but doesn't look like it'll happen any more. It'd make no sense to compare NVS assets to the core of the pool (likely Harvest's unit).

[Pokerchamp]

This is the Novus board.  Let's keep it on topic.