Replies to post #5916 on Native American Energy Group Inc. (fka NAGP)

[trythisagain]

5x More Investors Here Who Missed HEMI..imo

[kelseyf]

So...currently HMGP is .69 divide by 5x...comes up to ~.14 in my book. Hemi is not even close to it's potential so at this pace if NVMG is 5x behind????

Works for me.

Kels

[1stepahead1]

Massive insider position held 73%, thats what your missing.

[Wirog]

NM,yea but,they aren't in just oil.look at what they will be
doing for themselves with housing alternate energy sources,etc
add all that up into your line of thinking.

[maddogs]

The great thing there, is well production potential is higher
than 5x hemi, and if they have their "shell" tagged for a petroleum plant... well... Scr*w the wells!
I can live with a couple thousand bbls a day in 4mo.s to see that.

[jcrom56]

That is a good point, but the real question is how much oil is NVMG sitting on as compared to HMGP. A fair comparison should factor in the potential as well as the share structure. Third party reports and documentation describe the Bakken as possibly the biggest reserve discovered domestically in many years. If that is true and if NAEG is positioned well with leases, we will have a better chance at comparison once NAEG starts tapping into all those leases. We need to get over the $5 million financing hurdle and see the oil come out of the ground. If and when we pass that point it could be a good horse race with HMGP.