InvestorsHub Logo
Followers 6
Posts 1334
Boards Moderated 0
Alias Born 07/10/2006

Re: chuckrmon22 post# 9966

Friday, 05/04/2007 9:11:42 PM

Friday, May 04, 2007 9:11:42 PM

Post# of 51429
ckuckrmon

OT Sorry, to take so long to get back to you I had to go to a funeral today.

Here are the reasons I'm out of NVMG:

Sure they may have some great things in the wings and I might buy back in a few months if they really get some stuff rolling.

That being said. They took so long to get the financing and they didn't get all of it but only the first taunch (I pretty sure that is what it is called). The rig isn't going to be here until June, which I will really translate into july as there are always hangups. Meanwhile they are sitting around doing what?

Sure they have housing deal that I like and some alternative energy things. However nothing has been built, yet and I haven't seen a definative time frame for any of it.

So a lot of delays and HUGE promises that Alaska deal what??? Starting to sound like other stocks that are just pump and dump. Not that I'm saying that it is though. If it just sounds to good to be true then it probably is.

The fact that Lowman is out is a good indicator for me too. He is great at DD and knows when the company is just blowing smoke. How many people follow him and how soon are they to follow suit and leave as well. I'm sure that many already have as the pps went from .011 to .0075 yeasterday.

I'm just looking to put my money somewhere that I trust the officials in the company and don't have to watch it everyday or lose my shirt. Lets face it NVMG has a colored past to say the least. I don't want to get stuck in the next CKYS or SLJB

For these reasons I decided to sell and buy a few more shares of HMGP. I can never have enough HMGP. Picked up a few more today. Still saving some money just in case the mms want to take it any lower.

Nothing against anyone in it. Like I said if they get the ball rolling in a few months I'll be back. Just didn't want to let my money sit there with all those questionmarks.

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.