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Nice buy of 100K at the open .073 x .0899
Two different Vanguard Funds have purchased 500,500 shares since 2/25/08:
Vanguard Balanced Index Fund (Vanguard Balanced Index Funds) Mixed-Asset Target Al ... 15.75 % 2009-03-04 105,700 $5,285 $1,057 25.00 % New Holding 105,700 100.00 % $1,057
Vanguard Institutional Index Fund (Vanguard Institutional Index Funds) Specialty & Misc 8.23 % 2009-02-25 394,800 $19,740 $3,948 25.00 % New Holding 394,800 100.00 % $3,948
L2 showing BATS at .8. Let's see what she does in the morning. Might be some profit taking then up from the dip.
Great job all - we alerted CNR on Sunday at Party Bash 2009 GREAT JOB all see ya at .30 cents next week!
What do you mean?
.097 now, bid still .09 ask .097
along for the ride, rolled in here on Monday. up almost 100% and going
thankyou
Nice buy!
Looks like CNR jumped up to .09 AH!
ANYone need FREE Real time L2 quotes http://www.level2stockquotes.com/level-ii-quotes.html
Well I hope you are learning along the way. There are a ton of brilliant people on IHUB. I'm sure you know that. Check out Monk's Den and Chart Patterns and Trends for some great info.
Not for me.I made that and much more in penny stocks in 2 years when I first started.Beginners luck.Lost it all and more.In 2 more years.I've been working the hardest I ever have to get it back.This will be my 4TH when I get it.No lie.I didn't know when to sell,or how to trade.I think I'm better at it now.
GO CNR!!!Yes I was in AOG.Had a GTC in at .07 it's gone today.Bought GNTA with the doe.Jumped eod.
It sure did! Weeeeee!
Nice move.GO CNR.Uptrend the hell out of us.
another one to be wathcing is AOG. They just went to $.07 today, but they were at $.92 cents a year ago.
Well I dumped 35% just incase it was a pump/dump day, but with oil going higher and if history repeats itself, this stock could be over $.25 cents with out a problem, in the next month or two. IMO The L2 already shows some at $.30.
YES! Good move I told you I'm long.Holding and adding on dipps.Good Luck to us
Good choice! This looks like it could run pretty high. Around .15-.20
Well sold some this morning at $.065 and held the rest! GLAD I DID THAT!!
Here is a site to go to when you want free L2 quotes with in reasonable amount of time. Even in after AH trading.
http://www.level2stockquotes.com/level-ii-quotes.html
It does....not very often, but I have seen it trade in AF.
It looks like it is trading AH and it is up!
I'm not sure. I haven't done much investing in Amex stocks before.
I don't think this trades AH. Correct me if i'm wrong though.
What's AH looking like?
Not too sure but the chart is beautiful
What's driving this?
Nope. I have a target of .15+
Too late to jump in? Hesitated a few minutes ago at .07.
Well My stratergy is long.I bought CNR to hold through all the problems.Just because I think CNR will recover with the economy.I don't watch it.Just a hold.I think I'm right.Time will tell.
little worried, no final results on time.....they are delayed.
CNR I still think this is a good long term play.But time will tell.
CNR is a good speculation play.They have settled lawsuit and now are on track to hunker down and make some money.IMO.
Press Release Source: CanArgo Energy Corporation
CanArgo Energy Corporation: Settlement of WEUS Holding Inc Claims
Tuesday February 10, 4:01 pm ET
GUERNSEY, BRITISH ISLES--(MARKET WIRE)--Feb 10, 2009 -- CanArgo Energy Corporation ("CanArgo" or the "Company") (AMEX:CNR - News) (Oslo:CNR.OL - News) today announced that on February 9, 2009 it had entered in to a Settlement Agreement with WEUS Holding Inc ("WEUS") a subsidiary of Weatherford International Ltd. On September 12, 2005, WEUS had lodged a formal Request for Arbitration with the London Court of International Arbitration against the Company in respect of unpaid invoices for work performed under the Master Service Contract dated June 1, 2004 between the Company and WEUS for the supply of under-balanced coil tubing drilling equipment and services during the first and second quarter of 2005. Pursuant to the Request for Arbitration, WEUS' demand for relief was USD $4,931,332. Pursuant to the terms of the Settlement Agreement and in consideration for the termination of the arbitration proceedings and the receipt of mutual releases the Company has agreed to use its best efforts to pay WEUS the settlement amount of $1.2 million on or before February 18, 2009 but in any event on or before March 31, 2009. Each party agrees to bear its own costs of the arbitral proceedings and the settlement and to share equally the costs of the arbitrator.
ADVERTISEMENT
Vincent McDonnell, Chairman, President and Chief Executive Officer, said: "I believe the terms of the settlement of this long standing claim, given the original amount of the claim and the further costs of litigating the matter to a possibly uncertain conclusion, is in the best interests of the Company and its stockholders, creditors and other interest holders."
CanArgo is an independent oil and gas exploration and production company with its oil and gas operations currently located in Georgia.
The matters discussed in this press release include forward-looking statements, which are subject to various risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated in such forward-looking statements. Such risks, uncertainties and other factors include the uncertainties inherent in oil and gas development and production activities, the effect of actions by third parties including government officials, fluctuations in world oil prices and other risks detailed in the Company's reports on Forms 10-K and 10-Q filed with the Securities and Exchange Commission. The forward-looking statements are intended to help shareholders and others assess the Company's business prospects and should be considered together with all information available. They are made in reliance upon the safe harbour provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company cannot give assurance that the results will be attained.
Contact:
Contacts:
US and NORWAY
Eric Cameron
Gambit Hill & Knowlton AS
+47 96 62 55 94
Email: canargo@hillandknowlton.com
US and NORWAY
Christopher Rodsten
Gambit Hill & Knowlton AS
+47 96 62 55 94
Email: canargo@hillandknowlton.com
US and NORWAY
Fredrik Tangeraas
Gambit Hill & Knowlton AS
+47 96 62 55 94
Email: canargo@hillandknowlton.com
--------------------------------------------------------------------------------
Source: CanArgo Energy Corporation
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Canargo Energy Corp.
PO Box 291
St Peter Port, GY1 3RR
Channel Islands - Map
Phone: 44 14 8172 9980
Fax: 44 20 7808 4747
Web Site: http://www.canargo.com
Link to Investor Firms:
http://www.mffais.com/cnr.html
Top 20 CNR Shareholders in the Norwegian VPS System
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CanArgo Energy Corporation engages in the acquisition, exploration, development, production, and marketing of crude oil and natural gas primarily in the Republic of Georgia and the Republic of Kazakhstan. It has exploration and development activities in Ninotsminda Field and Samgori Field in Georgia; and in Kyzyloi Field and Akkulka block in Kazakhstan. As of December 31, 2004, it had proved developed and undeveloped reserves of 5.499 million barrels of oil and 2.502 billion cubic feet of natural gas. The company was founded in 1971 and is headquartered in St. Peter Port, British Isles.
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