Norstra Energy Inc (NORX)

[DragonBear]

I wonder if Norx partner will come up with the money for drilling

Have you looked at the Super Nova SEDAR annual filing? Per my prior posts, their only source of revenue is stock issuance. An operating cash flow of -$738K, with $0.00 revenue, won't have commercial banks fighting each other in order to offer em a loan.

Also note starting around page 16 they describe several "farm out" projects - remember those words from NORX? Neat is the one on page 17 requiring $700K, without even taking into consideration the cost to drill a well.

The annual came out last Sep. Despite chatter in the filing spuds were to be made starting in Aug, nothing announced since.

It appears NORX's "partner" has been playing the same game as NORX, only with a little more embellishment. Given Landry's past attempts to weave and match between his company, and another like Summit which had one of his relatives involved, does the same hold for Super Nova. So far no connection can be found, but information is scarce since the Sep filing which actually was closing the 2013 in May.

So what's the benefit for Landry? He can't dump NORX stock for a profit anymore. Thus, he better have some SNOVF stock as part of the "partnership" announcement. And again, all of that is currently in the dark.