VOLTAIRE'S PORCH-MODERATED Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Clappy who wrote (46962)	1/24/2002 10:52:30 AM
From: Jim Willie CB	Read Replies (3) of 65232

NWAY: tiny oil/gas producer, gonna double by spring I own some of this NuWay Energy stock, and love its prospects they have Saskatchewan oil producing now at 1000 barrels per day owning a minority interest in this Superb site they have British Columbia methane producing now in large quantities owning a minority interest in this Altiers site they have new contact for Raton Basin New Mexico coalbed methane own full interest, with cooperation on engineering side they just doubled almost the size of this huge contract, in an area that Evergreen Resources (EVG) built a business from they just acquired 100,000 acres in Montana to produce gas I believe it from coalbed sources, already successful find the acquisition includes an engineering staff from Mendell they could be state of the art in methods given the prospects, this is more like a $6-10 stock it trades at 1.9 per share now the best part is the extremely strong likelihood that a known oil/gas analyst will be promoting the stock very soon he will initiate coverage for NWAY with price target of $10 it is quietly trading at 1.9 now with slight volume a very similar story is with Capco Energy (CPEG.OB) in December this tiny oil/gas firm announced California contracts for production later in the month a small brokerage house Adamson offered an investment opinion, initating coverage they cited a $3 price target it was trading at $0.70 per share in January Capco announced acquisition of a Houston oil/gas firm the tiny CPEG now trades at $1.5 100% gain in less than two months same thing gonna happen to NWAY, maybe more oil & gas is out of favor now with the recession but crude oil is bottoming out now and little firms can command higher share prices with their internal growth AND rising crude oil prices Bush will be talking more and more about North American oil independence little NWAY is likely a 5-bagger by January 2003 / Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next