China North East Petroleum Holdings, Ltd.(fka CNEP)

[GorillaGorilla]

So little coverage because it's quite near it's price. CGS board seems focused on cheap growing companies.

NEP is fairly near it's value so not as exciting. I think it's pretty much a formality that NEP will beat it's guidance as they have bought a drill and must therefore be maxing out drilling in either Q4 or Q1 - Q2 - apparently summer can be wet so the other seasons are the time to drill. The numbers they are predicting are very low but the market has already do the sums themselves - which is why were not $4 anymore.

I think there's a real chance that they will get another oil production license or buy a private oil company at a good price. Which case it's a home run.

rich