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Re: rookinvestor post# 22222

Monday, 08/20/2007 4:28:11 PM

Monday, August 20, 2007 4:28:11 PM

Post# of 33904
IDUNNO, wish I did, but. Yep I had big hopes too. I just know and haven't gotten as far down as some others.

No news, volume next to nothing (which I think is good), pps shrinking and disheartned share holders...what can I say.

I am going to say...At a time like this when I get down I look back at what I bought and why (the facts)...then I remember that several times we had news and this thing started to run on air only. Then we had news - good news- and this thing just went down and down again and again. This happened 3 or 4 times since around May.

Now I wait - for the rig, the JV's and the increase in PPS. I concentrate on the fact that the outstanding shares has gone down by 40 million, the fact that NAEG management owns the majority of the outstanding shares, the fact that NVMG has the Shell lease to drill and the fact that September is coming and the lazy days of summer will be over.

IDUNNO it appears to me that we investors either have to hold for the long term or bail out. News would be great if it is solid news anything less would be sad news.

Keep in mind - IDUNNO much or less than that.

I do know I'm not watching my balances - as my granddaughter says "that scaaaaares meeee"

GLTA


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