SI
SI
discoversearch

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 -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (44431)11/25/2001 12:41:36 PM
From: Jim Willie CB  Read Replies (4) | Respond to of 65232
 
for those interested in a tinycap oil/gas stock
I expect it to take off very soon, here is why

NuWay Energy (NWAY) is a very young oil/gas firm
they are expanding on a few different fronts
5 out of 5 hits on small wells in Sasketchewan, Alberta, B.C.
30% interest in those wells
a very rich successful drilling area of Canada
new deal being worked out for NewMexico coal/gas venture
it is another rich area, called Raton Basin
might contain some uranium on the site
working with same folks who brought Evergreen Resources (EVG) to nice maturity
EVG went from 3 in 1995 to 50 in early 2001, now 38

NWAY used a strange backdoor to gain Naz listing
they bought a casino firm, changed symbol, sold casino
whatever it takes, done early this year
they sell for 2.4 per share now, mktcap of a mere $10M
an analyst named Gaines puts book value at 25/share (twenty-five)
he might very soon be promoting it
no analyst coverage now, but soon that might change
only 4.2 million shares on this lilgem
trading volume has risen in recent couple weeks
a researcher whom I talked to mentioned accumulation among several mktmakers he has talked to recently

the NWAY chart looks good here
protected base at 2, support recently at 2.3
ignore the chart before Feb 2001 (casino firm chart)

this firm is in production now, expanding
it is making news with the NewMex contract
and will likely provide more favorable details on that deal soon
I wont be surprised to see NWAY above 10/share before winter ends

for what it is worth
maybe a fast 4-bagger
maybe not

down pressure for oil/gas group has been slow economy
and declining commodity prices dampen this sector
so does Russia's uncooperative attitude toward cutting supply
but the OIH services chart shows nice bottom base formation

I expect the NEXT phase of the terrorist war to be a whole lot closer to the oil region in the Middle East
like IRAQ, IRAN, SAUDI ARABIA and Saddam's back yard
hey Sodomy, bend over !!!
I expect crude oil to jump soon in price
an Iraqi oil vessel was sunk, the first threat to shipping lanes
more might easily follow

the last tinycap oil/gas stock I watched has jumped 100% in one month
Energy Power Systems (EYPSF) is Canadian
they are developing the eastern Maritime province area

the risks with tinycaps are big
but the returns (under the radar) are big also
I struggle for a proper name for such tiny mktcap stocks
a microcap is defined as under $1B in mktcap
a friend suggested naming under $100M a nanocap
makes sense to me

if the economy rebounds, then crude oil will rise in price
and if the Terrorist War winds toward MidEast, then look out
either way, I think we are seeing the bottom in oil prices now
/ jim



To: Jim Willie CB who wrote (44431)11/26/2001 9:06:18 PM
From: stockman_scott  Respond to of 65232
 
jw: I will acknowledge that Ohio State was the better team on Saturday...It all came down to turnovers and Michigan couldn't hold onto the ball when it was most most important...

sports.yahoo.com

This year Michigan lost at least 3 games that were close in the final minutes (U. Washington, Michigan State and Ohio State won those games)...This was a most unusual year. The Wolverines will re-build and be stronger next season. They still will be in the Citrus Bowl on New Years Day.

Regards,

Scott



To: Jim Willie CB who wrote (44431)12/1/2001 12:43:50 AM
From: stockman_scott  Respond to of 65232
 
A War Against Islam...

Message 16730775