Comment by
shane117 on Sep 16, 2008 1:56pm
The only thing NAG is getting is another kick in the s/p. The Sask. plays won't see a significant spike for a long time. Months. Too many other good places to put money that will double and triple within 1 month.
Comment by
wind00 on Sep 16, 2008 2:15pm
permits won't make a differnce in this market.what a screw up this has become. we could see 10 cents, imo
Comment by
Saturn4 on Sep 16, 2008 2:44pm
Wind, where did you come from? Wow, its been a while. I agree, its been a big screw up by the permit office. But, still, I think permits will get it moving... right now we are at a stand still work wise. In this market, once permits are in it won't make too much of a difference IMO but at least it will get the play moving and potentially a higher s/p.
Comment by
Saturn4 on Sep 16, 2008 2:54pm
Hi Sally,Obviously, if drilling shows nothing there then the s/p will take a hit. But don't forget Appallachia and LL ... NAG's got a few rabbits still ...
Comment by
Saturn4 on Sep 16, 2008 2:57pm
P.S. - IMO the odds are slim that there will be no coal. NAG's got a 5m intercept already. Look like there is something, its just a matter of confirming exactly how much NAG's got. Permits will start things off nicely.