Kerm / Numac
Is my quote server correct, did Numac rise 1.05 to close at 5.95, that is a 20% return in one day.
Any theories on this one ?
Maybe the Chinese owners are planning to sell their controlling interest ?
I recalled a report you did on Numac in 97, are you still upbeat on this company?
One of their core areas is northeast BC, natural gas territory. They had planned to expand daily production to 180 mmcf/d in 97, any news ?
------------------
AEC
Quick, I read AEC q4 report correctly, for every 0.10 rise in natgas prices, cashflow rises by 20 million. If prices rise from current 1.60 CND prices to 2.10 Mcf, then AEC is looking at 100 million dollars in the kiddy.
It hit a low of 26 during the oil&gas crash, I pitty the nervous sellers who were duped out of a quality stock by fear.
Any predictions how high it will go, will it break through previous high of 35?
I have always said and sometimes practiced, buy quality stocks, small cap or large and they will always come back, and buy them when everyone is selling out of fear and you will be rewarded.
----------------------
RICHLAND is starting to fall at a time when most other O&G stocks have already fallen and consolidated and some have actually risen 20 % from their recent lows (AXL 12.50 low, 15.00 current).
Any theories ?
What is your prediction on this one ?
Cheers and good investing |
