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StockTargets Inc.: Investor sentiment increases for Northamerican Energy Group, Inc. (OTCBB: NNYG) following new analyst recommendation
Mar 08, 2006 (M2 PRESSWIRE via COMTEX) -- Geneva, Switzerland, and Dover, Delaware, USA - StockTargets, Inc., a private Swiss company and an innovator in investor sentiment tracking on listed stocks, measured a firm increase in investor sentiment over the past 2 days on Northamerican Energy Group, Inc. (NNYG), following a new recommendation.
Investor sentiment and forecast shows a substantial increase, and remains resolutely positive on the stock's prospects, following the latest news and a revaluation of the company by the RocketStockPicks firm (http://www.RocketStockPicks.com). The recommendation is based upon the signed lease agreement with the Trustees of the Benoit Estate to acquire 100% of the working interests in a lease in Pecos County, Texas. By signing this lease Northamerican Energy Group now controls all production rights on this lease.
Investors now forecast the stock rising to approximately US$ 0.52 over the next 12 months. The 12 months target was US$ 0.22 recently. The 12 months target by RocketStockPicks is today at US$ 0.75 for the stock. The share has already increased in price form US$ 0.03 to US$ 0.08 over the past 3 days.
These different targets can be reviewed by clicking the following link: stocktargets.com. Targets indicators on stock are an aggregate of all the news, sentiment and forecasts available on the company at a given moment in time, as perceived by investors. Northamerican Energy Group, Inc.'s website is northamericanenergy.net.
Northamerican Energy Group was created to focus on acquiring low-risk, mature oil, and natural gas fields, and the recovery of their hydrocarbon reserves, with primary emphasis on the secondary recovery, production enhancement and developmental exploitation of its acquisitions. The Company's focus is on creating value and income for its stockholders by utilizing advanced recovery technologies, along with sound engineering and a committed management team and has developed a proven growth strategy of identification, acquisition, and development of domestic hydrocarbon reserves, thereby reducing our dependence on foreign oil.
Among other companies having been recently recommended by RocketStockPicks are GRWW, WNWG and VYON.
About StockTargets, Inc.
StockTargets, Inc. (http://www.stocktargets.com) is an investment banking and investor relations firm. Its Web site records all participants' sentiment, expressed as targets by its users. The StockTargets system, by building an investor sentiment indicator, attempts to gather and determine an measurement of all entries of users. The user's consensus target can be compared to targets provided by professionals, such as brokerage firms, analysts or fund managers. StockTargets Inc. was founded in 2005.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement. All trademarks mentioned in this text are properties of their respective owners.
CONTACT: Sean Kelly, StockTargets Inc Tel: +41 22 700 7648
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