China Growth Stocks

[realfast95]

NEP - in their recent purchase to close this Qtr they used
PetroChina geological reserve report.

For the Durimu oilfield they are testing and they wrote:
"...engaged Hunan Province Mining Geological Bureau Physical Exploration and Survey Team, an independent geological survey partner in early July 2011 and conducted seismic survey work in Durimu from July 20th to September 28th, 2011...."

The real issue is their declining earnings, a large writedown on the value of the current production field, high taxes, and rising shares. All before the new fields come online.


But I got a shotgun lets go.
If we get caught we will just sing

"Then one day he was shootin at some food,
And up through the ground came a bubblin crude.
Oil that is, black gold, Texas tea..."