Replies to post #6841 on 1st NRG Corp (FNRC)

[Power of Emouna]

All the patient ones will be rewarded imo. Check out this beautiful chart! Good luck to all of us!!!



http://stockcharts.com/c-sc/sc?s=FNRC&p=W&b=5&g=0&i=t26581053117&r=1365019650955

[Power of Emouna]

Here's a nice article to read!

http://www.stockroach.com/fnrc-has-big-gas-prospects-for-12-cent/


FNRC Has Big Gas Prospects For 1/2 Cent
Posted on Apr 15, 2013 in Hot Stocks, Today's Hot Stock Alert - Leave a comment - Published by Papa Roach

Good morning!

Don’t know if you’ve been paying attention to the natural gas industry lately but the drills are spinning up big piles of cash now.

It’s not so much that the shale has contributed a whopping 486 TRILLION cubic feet of gas to the national energy budget since 2010…

The value of that gas has rebounded 60% in the last 12 months, beating the broad market by a full 45 percentage points! (See for yourself)

The boom actually has OPEC on the run — and if you want a taste of that action, you’re going to LOVE today’s alert!

Say hello to 1st NRG Corp. (FNRC), a 1/2-cent shale play with a chart that looks eager to figure out its next move:



Yeah, FNRC is right on the 50-day trend here, so today’s action will decide just how much “support” that line is worth!


Should the 50 hold, we could be bouncing back to the upside — as you can see, the last rally ran all the way to $0.012 off a much lower base.



So there’s a lot of drama and maybe more than a few pennies riding on what we see when the bell rings. I for one will be watching closely!



Because if FNRC gets moving today, traders may miss out on their chance to pick up natural gas assets at some of the lowest prices around.



Gas is already back above $4.22 per million BTU, which is the equivalent of about 1,000 cubic feet. (WSJ)



Blame a long winter or 35% fewer rigs in the field, but stockpiles of fuel are a lot lower than they should be at this time of year. (Read more)



And that’s where FNRC comes in: opening up not just one but THREE potentially “high-impact” shale plays! (Overview)



Making progress on any one of these prospects can really move the needle for tiny little FNRC down here at 1/2 a cent per share.



The entire company is currently valued at just above $1 million, which maybe reflects 225 million cubic feet of gas on the open market.



Does FNRC have that much fuel in its tank? Let’s take the tour!



Start in Ohio, where the shale might host 15 TRILLION cubic feet of gas and FNRC has a 7,000-acre piece of the action! (Read more)



This is where Rockefeller started his oil empire — and this time, big gas and pipeline builders are already investing $BILLIONS to get their share.



Land in this area is going for $10,000 an acre. Multiply FNRC’s acreage by that kind of price, and suddenly their book value goes berserk.



And that’s without adding in anything they find when they get the drills spinning!



Now cross over to Nebraska, where FNRC has another 1,300 acres on its plate, this time in the Niobara shale — which has Bakken potential! (Read more)



If you don’t know the 900-BILLION-barrel Bakken shale, you don’t know frakking much! (Read more)



They think there’s the equivalent of 30 million barrels of oil in a typical 640-acre section of the Niobara. (Read more)



FNRC has a little over 2 sections of that land. Do that math and once again this balance sheet looks awfully “heavy” for 1/2 cent a share.



Of course some sections have less and others have a lot more, but at this PPS I think the potential upside is a lot higher than the downside!



Last but not least, there’s FNRC’s 6,000 acres in Wyoming. Coal bed methane here.



Right now it’s barely a footnote in the company’s presentations. But buried in that footnote: so far every well in this play has hit the money!



So those are the assets that FNRC has to offer. One penny earns two slices of that project portfolio. Hundreds of shares for a dollar.



With gas prices at nearly a 2-year high and the drills turning, can you afford to look down your nose at that chart?



Maybe some day we’ll talk about FNRC in the same breath as Exxon or Dominion or Chesapeake. If so, that evolution starts TODAY!



See you on the boards!

~Papa Roach



This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. StockRoach.com is wholly owned by BlueWave Advisors LLC. BlueWave Advisors is currently being compensated five thousand dollars from Odd Marketing LLC (a non-affiliated third party) for FNRC advertising and promotion. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this newsletter as the basis for any investment decision. BWA does not have a position in the covered company.
While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
Comments are closed.