Nordic oil 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.

Gold/Mining/Energy : Nordic oil

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jacq who wrote (5)	6/22/2008 11:10:50 AM
From: jacq	of 24

I don't know whether you have mentioned this or not but Nordic has 112,000 acres in the area. They were the first company to go after oil and gas in the area, so they were able to pick some of the most highly prospective ground for the most reasonable prices. The first well they drilled encountered some gas shows. At the time it was thought that there would not be enough to produce them economically. Since they first drilled there has been a sea change in fracing techniques I am told. On Friday GMP was very active. The trader was disciplined. He bought in the hundreds of thousands of shares. He would not move up to $0.66 but he would buy all that were available at $0.65. Apparently this broker (Griffiths, McBurney) is very strong in the natural resources area. They were a very large player in the Dynatec story and you know what happened in that play? jacq

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next