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KingVegiata2006, Do you know for sure if I purchase shares on July 20, they will be included in buy back scheme. If I buy ahares on July 21, they will not be in the buy back scheme. Thanks for your reply.
DC13, If Sib has ecn trading account the shares he buys are not on the counter. Maybe he has bought up the float and our shares are all nss.
Rhubarb, Have been doing some research on Geothermal companys with good potential. The best i have found is ORA which is making money with its power generation and has many patented processes. Would like to see a jv with them.
gorbec1, Thanks gorb for the reply. My post was just explaining how the actual volume shown can be much lower when the ecn trading is included. Just another way they distort and hide the facts.
gorbec1 All the mm's, hedge funds, insiders and some traders are set up for ECN trading. These shares that they trade are not on the counters.
Rubarb, Do not see this as a problem. OPEC has over estimated their reserves for 20 years now and are having problems producing what they are allowed. The oil usage is increasing each year and I see $125.00 oil in 2008. Increased usage of the alternatives are required to keep from having major shortages. Natural gas is in short supply and will keep increasing in price. NVGM promotes energy savings in the proposed housing projects. As I see it all is good. NVMG needs to produce 2000 bpd and the pps will take care of its self. The rig delay needs to get fixed.
allezIOM Got most of mine in Dec. 2005 from Etrade.
Rhubarb, Looking at the ECN trades also makes me wonder what the eell is going on. I am inclined to believe it is hedge funds nssing supplying cheap fake shares to the mm. Have been through several other nss situations but never had access to the Ecn volume before. If you can explane it better please do. NVMG needs to know about this and take some action.
Its like they are getting a large no. of shares in supply in anticapation of good news and a run. Don't tell me it is against the law and they would not do this.
Hi Rhubarb. The wife has me on vacation and now in Chengdu China. Will get back to Singapore soon. Looks like the ecn trading is several times the normal volume. We need to get news on the Rig delivery and start to workover some wells. I am keeping a watch on FWOG and noticed it traded some shares recently. Only got on the internet 2 times in 10 days.
Rhubarb, Thanks for the collected ecn trading totals.
FORDGT, You may be right. When I get some money in my account I may try to buy some shares just to test the market. I am on the outside and like to play around with the system. If by chance I could pick up a 100k at the right price it could get interesting. Will let you know if any success. Am waiting on AURC or BCIT for some funds.
FORDGT Any good news. Has there been any progress on getting sales of new parts or aircraft? Not easy to dd on this one.
Rhubarb, I am looking for the enhanced recovery system and the ability of NVMG to re-enter the wells and expand them with horizontal drilling to greatly increase the flow rates especially the berry 42-24. We should get a contest going to guess the flow rate after the well 42-24 is put in production. Need more shares before an increase in price.
Blackjack1, Sent you a pm.
turbosetch, The ecn trading system applies to all nasdaq stocks and includes pinks with no price limit. I am in one with a price of .006 which sometimes trades 10 times the volume when you count the ecn trades and it has a float of about 300,000,000. The SEC has taken a very casual approach to ecn trading and applies the SRO approach (Self Regulated). There are many honest mm's, brokers, insiders, and hedge funds. All it takes is one dishonest and the market becomes manipulated. That is apparent now with so many co. that have there share structure corrupted with nss (counterfeit) shares. This is in my opinion.
Rhubarb, Went back and listened again, they said self sufficient in 3 months and 2000 bpd within a 12 month period. The Shell oil well which is the berry 42-24 is in the workover schedule and was abandon in 1995 due to paraffin clogging. The enhanced recovery system works good on paraffin and the two wells reworked so far flow increased 1200 and 1500%. Sounds good to me.
The report goes on to say there is currently nine ECNs operating in our securties markets: Instinet,Island,Bloomberg Tradebook,Archipelago,Redibook,Strike,Attain,NexTrade,Market XT, and GFI Securties. Do not know if it is updated to 2007.
Niemand, You need to get a better understanding of ecn trading. It is now used by hedge funds, insiders, and investors that spend the money to join. My concern is that the volume is not on the counters and is never reported. The brokers has the volume but they will not just tell anybody. One stock that i am in the ecn trading is sometimes 10 times the reported volume. You can google it and the SEC has a report dated June 2000 which states that 30% of the Nasdaq
volume is ecn traded. Today would be much higher in my opinion.
Yor are right and that is the good part. One thing that concerns me about the ecn trading it does not come on the counter and has no driving effect to push the price higher.
ground_fog, It would not surprise me that there is ecn trading going on every day since it started last week.
ohbull2000, If we ever get to trading it would be helpful if we know ecn trading numbers. To get them you must have a broker friend who agrees to give them to you. This is an electronic trading system that does not show up on the trading volume and is used mm's, brokers, hedge funds, money pools (insiders), and anybody that pays and gets signed up. I did not know about this system until recently. You can google it and find a lot of good info and the SEC did a good special report dated June 2000 and has been updated. The report says that 30% of total share volume is traded by ecn trading on the Nasdaq. One share that I have has 10 times the numbers including the the ecn trading. That means that the reported volume that we all go by is only 1/10 actual. If a hedge fund works with a concenting broker they can do things that are not in our best interest.
Blackjack1 Are you set up for ecn trading? The buyer could buy most of the float and it never shows up in the share count. You must have an agreeable broker to get these numbers.
woogie Try ecn trading. Go to the NVMG board. They have documented more volume on ecn tradig than otc. trades. You can also google.
Rhubarb, I remember them saying that 3 months after the first rig starts work-over that production should be 2000 bpd. That should give us a pps of .04/.06. That should be 3 to 4 mil. revenue per month. Anyone remember that one well we got from Shell Oil that was shut in because of water contamination years ago with production of over 1000 bpd at that time. Still have a long way to go to get my boat loaded to capacity.
Sure wish we could find out for sure where the shares are coming from that are feeding the ecn trading. There are not many places to find 20 mil. shares that were ecn traded in two days time earlier this week.
Rhubarb, Thanks looks like the ECN increased totals approx. 90% June 4.
Rhubarb, Any ECN trading updates? I have asked on other boards about ECN. Have not found anyone that would offer more info. Wonder Why?
Rhubarb, When do you sleep? You have a pm.
Rhubarb, Lets have some discussion on what the volume difference means. The actual appears to be about 8 times the published or indicated numbers. I would think that indicates manipulation. Does anyone have the ability to come up with actual vwap numbers? The implications are unbelievable. On second thought i need more shares before discussion.
Rhubarb, Can not pm you since I am a free member. Did you know Fowler Oil & Gas is a pinksheet co. symbol is FWOG and has Website. You can Google fowleroilandgas.com and get it. It does talk about the new technology but does appear in need of updating. There is a limited amount of info on Pinksheets and it does also give the website ady.
Rhubarb, Would not know how to start to post a link. The computer came later in life for me. You can Google bigcatenergy.com which is the BCTE website and all info is there. Do I still get the gold star? Sorry for the late reply but time zone is 12 hours different. It maybe that the technology is the same. But if we have this in house our NVGM
should be worth a lot more money.
Rhubarb, Had my coffee hours ago. On a long vacation in Asia.
If we do have the process in house to put the water back in the well on CBM wells it is very valuable. It is expensive to dispose of the water and takes months to get permits. Sometimes it is impossible to get permitted. It is my understanding that there are hundreds or even thousands of wells awaiting permits. My time zone is 12 hours ahead of yours.
Rhubarb, You really are on a roll. Just now ran across this.
BCTE has new patented Aquifier Recharge Injection Device ARID
which injects waste water back into the well on CBM wells. Rents for less than $1000 per month. Was it our sister co. in Alaska that is already doing this? This info was in some of the links you have provided. BCTE has web site which has all the info on it. Will do more checking as time allows. BCTE stock is about $1.50 per share.
kruy, I purchased shares from Etrade in late Dec. 2005. Why is the date in Aug. that you quote?
camper9, Did not mean to question your post. Meant to inform that trading took place way after Aug. and into Dec. Sorry.
Buy, That was on the info I sent to answer the Court Summons. But as I remember Etrade sold a few million in Dec. 2005. Does anyone have better records?
camper9,
Etrade sold me over 150000 shares in Dec. 2005. Get your dates right.
cardvic,
If there is a buyout of BKMP shares are the restricted shares handled the same way as free trading? Just wandering since i have both.
f1fans,
I was no. 292 on the summons list and have my response recorded. Have 166,400 shares of BCIT all in ETRADE. Most of mine were purchased in Dec. 2005.
TFS,
Sure glad I paid no attention to you when I purchased SLBJ for .006 a few days ago. 1.5 mil shares long and strong.
cm3i long termer,
There os is only 17 mil. with as at 100 mil. On 4/11 it traded 12 mil. Must be a lot of nss trading. I think we will have some good profit. It has a lot of sales and profit for a .03 stock.