Native American Energy Group Inc. (fka NAGP)

[jsc52033]

ronle this is a penny do your own DD. If you want the million you should double your current holding then when this doubles(the chart sure looks like it can) then you sell enought to hold the rest free until that objective is reached. I have mineral rights(oil &gas) I had wells they played out I'v had recovery cos. lease them and miss, and I'v had recovery's take up the same site and hit. This is a risky business which is why the return can be a Wind FAll. This company has its options spread over a massive area, and it will have its own rigs. Rigs area a big part of this business. Normally these companies sell partnerships in the well to be drilled. If they own the rig they stand to make more $'s and cut potential for loss if they miss. If they don't sell partnerships they risk their own capital. If they can't sell partnerships they can't drill, or they may have to take up their own partnership interests to do a well. This requires capital which can be at a higher risk. Look to management. I invested here because of the management and the things I see they are doing right. Spreading their ownership over vast tracts and the rigs.