InvestorsHub Logo
Followers 0
Posts 89
Boards Moderated 0
Alias Born 03/27/2007

Re: chrisfromalbany post# 56860

Monday, 04/02/2007 11:50:03 AM

Monday, April 02, 2007 11:50:03 AM

Post# of 381616
GNNO 2.25x 2.28 pre split doing a 50 to 1 forward split in affect 4/16 here is a recent news headline fwiw:

Great Northern Oilsands Inc. ("Great Northern" or the "Corporation") is pleased to announce the corporation's management strategy following the forward split of 50 to 1 with the effective date of April 16, 2007 which was recently announced on March 26, 2007. Great Northern's strategy will continue the work program to prove up the contingent resource reserves it has recently acquired and in addition it plans to increase growth through corporate and property acquisitions, farm-ins, joint ventures complimented by conventional exploration and developmental drilling. Great Northern will maintain an oil and gas focus as there is a very healthy medium and long-term outlook for North American demand and it will continue to evaluate acquisition targets under the criteria of sound economics and close fit within the current property portfolio.
Great Northern's President David Lane said:

"Great Northern is excited to have the properties which were recently acquired and will continue to focus on acquiring other oil sands assets and additional conventional oil and gas opportunities".

Please visit Great Northern Oilsands Inc. corporate website at www.greatnorthernoilsands.ca

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.