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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: hubris33 who wrote (22948)	3/18/2005 12:08:12 PM
From: schzammm	Read Replies (1) \| Respond to of 108687

H3,they just announced a proposed private placement, which I hate but goes with the territory. Price could take a hit when the placement takes place depending on price of the private placement and the number of warrants if issued. They should announce a date for the well to be spud within the next several weeks. "Mr Scotian" was only on the board so should not have much of a effect. Funny you should mention it, as I have an order in and have not got a confirmation price back yet. Stock should double after they spud the well, but there is risk until then. Best of trading to all! EDIT: Got filled US$1.33 PS NEM just went green, Hope springs eternal!!!