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I think we will see some very good PR's coming out this month. I believe April was mentioned as the time they would release production #'s. Should be very exciting.
YOU CAN DO IT!
Looks good, go NVMG!!
I agree and Humbolt's chart analysis really illistrates this.
nice consolodation
This is so exciting.
not what I expected but I am holding strong. There is support in this area and I wouldn't be a bit surprised to see NVMG close up. Hang in there, this is a buying opportunity, IMHO.
OT: Man strikes oil in his own backyard.
http://www.cnn.com/video/player/player.html?url=/video/business/2007/03/29/roesgen.homegrown.oil.cnn
sounds Great! Nice work curtbs.
wasn't me, I'm still in both and many more and just going to sit tight. What, me worry? --Alfred E. Newman.
It's probably because NMState94 is bashing with his "graphpaper" and "GAAP" bullshyt. And statements like "NVMG's stock price has nothing to do with the price of oil" set him on ignore and try to move on with your day. It's like turning off the turning off the alarm clock in the morning and that annoying noise goes away.
Oil has a big spike as I'm sure you're all aware..
12:55 pm : The indices are in a bit of a holding pattern at the moment, as traders anxiously watch the action in the energy pits where crude futures for May delivery have spiked $1.85 today to $65.93 per barrel.
Prices were up earlier, but by only a modest amount. The recent spike is being attributed to news reports regarding the death of a presidential candidate in Nigeria that have provided an added sense of uncertainty for oil traders who have been fixated on the tension in the Persian Gulf between Iran and the UK.
As one might expect, the uptick in crude futures has given the energy sector (+0.94%) an added boost that has valuted it to the top of the list of today's best-performing sectors.
unbelievable
NEWS: Hemi Energy Group CEO Updates the Investor Community At Wall Street Reporter.com
Last Update: 10:46 AM ET Mar 28, 2007
NEW YORK, Mar 28, 2007 (PrimeNewswire via COMTEX) -- Wall Street Reporter Magazine has just published an exclusive interview with Keith A. Anderson, President and CEO of Hemi Energy Group Inc. (Pink Sheets:HMGP), updating the investment community on Hemi's recent drilling activity, equipment purchase, and long-term prospects.
"We found ourselves being blocked in on equipment availability, so we bought our own and we're going to do it in-house," Mr. Anderson told Wall Street Reporter senior analyst Matt Schilling about his company's recent purchase of a Pulstar P20000 truck to work over mature oilfield assets in Southeastern Kansas. "We'll bring this field back to life."
The 8-minute interview is now available at www.wallstreetreporter.com in streaming audio, MP3, and text format.
Highlights include detailed discussions of the following topics:
- The industry dynamics underlying Hemi's decision to buy and operate
its own field equipment.
- Recent progress toward redeveloping the field, including the
"pretty good" test results from an initial well using modern
completion techniques.
- The field's history as a "vast" producer over nine decades
(since 1916 to be exact) and its current status as something
of a "jigsaw puzzle" with 2.2 million barrels of oil still in
place.
- The aggressive drilling program (about a well a week) Hemi has
lined up for most of the remainder of 2007.
- Management's wide-ranging and deep operational and administrative
expertise.
- Hemi's unique strategic focus is on identifying opportunities that
offer attractive operational economies.
"We're doing it a little differently from other oil companies," Mr. Anderson told Wall Street Reporter. "We look at the oil and gas economics. We were operating here in Texas and we sold our assets simply because the economics were not as good as in Kansas. I think in Kansas, we can go through and do a drill, redevelopment, complete the well, and we're having to date approximately a 60-day payback on our investment. We haven't been able to find oilfield economics like that anyplace else in the United States."
I believe that would be correct. A quarter of the world's oil goes through the Strait of Hormuz. So with 25% added to the price today of $63 plus a 10% war premium puts it at 88-90 per barrel. Then add on the summer driving season.
sounds good, hope it helps the stock price.
Nice to have you aboard Kmeister, this is a good place to accumulate IMO.
Good Work curtbs! Chart looking good.
probably someone screwing around, trying to stir things up on the boards.
911 share trade
Very nice chart on oil, thanks for sharing this Rocket! I didn't realize we are dealing with an inverse head and shoulder pattern. Could be explosive.
Well, the suspension is through 3/21 until 11:59pm, so we will have to see what happens tomorrow.
Ok, thanks.
so I guess since there is no trading we are S.O.L. here?
I remember reading in the news on the trading suspension that "trading would resume at noon on March 21st." That time is near so we'll see.
Tell Wheezy! We're movin on up!
Yep, stayin long and strong, may add more.
Lowman, thanks for taking out the trash. You are a great board moderator.
Coolhand, FYI, Cool Hand Luke is on AMC tonight at 8pm Pacific time.
I bought most at .005 and added wednesday at .0078. Holding long term, hopefully a year but will take some seed $ out at some point.
AWESOME DAY, the chart is in excellent shape, it's gonna be explosive next week! Have a great weekend!
bye bye sub-penny!
doesn't look like too much on the ask until .012
Ask is moving up, looks good
Chart looks like a Teepee.
Buying coming in now
down tick to .0065 on 1000 shares.
Looks like you played it all wrong Idaho. Couldn't hang in there for .02?
Nice look, thanks for posting that chart. Looking forward to the next week. Go NVMG!!
well, my MyTrack monitor shows a green # when it's a buy, I saw my 200K post in Red when it went through, strange.