Hi Notable. Thanks for your reply. I was beginning to doubt myself but at least there are two of us who feel the same! I'll leave the post up in the hope that others see it and show some interest. At MOG it started of with 3 people and had 20 at the end, So we'll see how/if it progresses. Thanks for your interest.
Hi Lambini I'm defo up for a new board, i am of the strong opinion that potential new investors could be put off buying NTOG shares due to the over negativity by some, who prefer to blame everyone else but themselves for their losses. If this stock had institutional support then the rantings of those who don't know how to trade would be ignored but as this is majority held by private investors, if those "private investors" are doing nothing but ****ging the company and the board off it does no one any good. I would offer to help but dont understand computers and only go on them every coupleof days.
The same people still ramping away. 0.16 sorry not even .50p cannot say that I can take any pleasure in being more precise than others. .20p and I previously may have been tempted not a cat in hells chance in the foreseeable 6 mths at the moment. ML what happened to the cannons, what a laugh in my opinion. Get the pellet gun more like.
He lists a few of those that he's OK with, at crrent oil prices and some to watch for. The potential news for NTOG has a big tick. I wonder if he is alluding to WB. Must be doing something right, few employees and small overheads and loads of oil.
Falklands you spoke of derampers the other day but ramping like this is ridiculous - a 10 bagger?
It was meant to be a 10 bagger last year and the year before when SP was 0.4 - 0.52 and Chris Oil, BMD and a few others predicted multi bagging up to tenfold
yes, the chance therfore now is greater as 10 bagging would take us to 1.5 rather than 5 as was suggested previously but really? You really think there is any accuracy in this
Looking at the trend there is more chance of us folding than there is 10 bagging if i give an honest opinion
Matt really needs to say something with regard to how long we can sustain losses, plans for WB, long term strategy, we are continuing to hot new lows every other day even though WTI has almost stabilised and found its base>?
The oil is still in the ground. Even if "we" hold off on new drilling prospects, the oil is still there. Each of the following points can be in the extreme made into a negative.
The following points just goes to show how responsible Matt Lofgran is managing a company for growth. I have plenty of respect for Matt Lofgran based on his "growth plan".
1. We do not owe 100s of millions to the bank. a. We have less than a million USD in debt. 2. We have our deal with Ward Petroleum 3. Our expenses are very low. 4. Matt knows how to cut costs. 5. We have White Buffalo waiting for NTOG to begin operations 6. High Plains, B&B, is waiting to begin operations. 7. I will be very surprised if Alden & Matt have not been deal making. 8. It is safe to say Matt Lofgran did not create the current slump in oil prices. These low prices willl NOT shut down NTOG. 9. Current sp is a great entry point. 10. Oil & Gas Industry: Oil prices seem to have stabilized as glut is still evident, however producers outside of OPEC are cutting further exploration. Moreover, US is granting exploration and drilling license on the Southern US Atlantic coast. Oil Prices shall rise.
Commentators say it both ways, Goldman Sachs et. all essentially are guessing. no one really knows how this is going to play out. NTOG SP was decreasing even when oil was at $100 - no one really knows where the floor is here, that is the worrying thing. :/
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