PI are scattered, except tweets Matt does not recognise us. But quite a lot of us hold big numbers. It would be nice to know who others are and how many do they hold. I am sure we will have bigger voice together. We hold the money and we give our support financially for a rewarding company whoever it is...To start with, I hold 25million shares of NTOG...Like to know the big guys in here...I am one of those who started small with 300,000 back in 2009.
Yes, sorry to butt into your bb here - but I've like NTOG (and VOG) as undervalued shares for a while, but it did look like they might needed some money. I can understand it's never nice to see your share come down in value on a placing. However this will soon recover, it's a well liked share tipped by doe well informed investors.
They needed the money, now they've got it and it's a necessary step for a company that has such low revenue - can't develop assets out of thin air. They've bought some fantastic acreage recently and I really like the future here.
Not going to be contributing a lot on the bb, but this is a solid bet and investors will be rewarded. You'll soon have long forgotten about today and so will the SP, it presents a very attractive proposition at this level.
And to boot, unlike most placings, this doesn't require an EGM. So these placings shares are tradable as of today, and people have obviously flipped them straight away for a little profit. So unlike most, I don't believe you'll have the threat of an overhang to clear for the next week etc. Pain and medicine on the first day and a recovery will be relatively swift.
I believe either Billy or BTC predicted a placing. I for one was not surprised. LGO was financed by placing and industry connections into Trinidad. We are now funded by $1.75 million. We are expecting Chisholm Trail results & further spuds ( I like mine mashed), WB spud, HP-1 spud and new acquisitions. Relax! Have a few sips of brandy call the world yours. Our Dear Leader is gonna get roasted by Doc & Malcey. Enjoy that! ATB, DD
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