Replies to post #7239 on Native American Energy Group Inc. (fka NAGP)

[1stepahead1]

petrobaron:
How many wells could two completion rigs rework in a 6 months? Is it safe to say we're looking at, at least 200 or more shut-ins? How many BPD would justify a 50 million market cap?
Thanks for your response. 1step

[AlgoTrader]

Talking about Market Cap in this case is very tough to do also, considering that the float is below 200 Million and the rest of the shares are held by insiders...because of the large insider holding it is easier to look at the total amount of dollars in the float (or even the potential float) when it comes to predicting a future possible PPS for this stock...

That's just my opinion though...

Pred

[lowman]

Although I'll agree .50 is pretty heady, I'll also disagree on your opinions as you are obviously only taking into account the O&G aspect, which obviously is only one segment of the overall.

Just as no one truly expected NVMG to hit .025 in one month, further expectations (yours included) can easily be dwarfed.

GLTY and all...and Go NVMG!