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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: SOROS who wrote (17279)4/7/2006 3:45:37 PM
From: Ken W  Respond to of 23958
 
SOROS

NOVA..as far as I can tell they have no way of processing biodeisel, no refinery, no anything...guess they could do like some here in the sticks and make their own with reclaimed veggie oil and a bath tub. LOL

What I got the greatest kick out of was the properties...they have a "working interest" in the two properties with each having one well..They don't lease the property, own the property or the two wells!! They simply have a interest in the properties. Of course it does not say of that interest is 10% or 90% or 1%..LOL

EDIT: From their Nov. report: ROFL

During the three-month period ended September 30, 2005, the Company generated $886 from the sale of 20 barrels of oil that sold at an average sales price of approximately $44 per barrel. During the three-month period ended September 30, 2004, the Company generated $3,396 from the sale of 92 barrels of oil that sold at an average sales price of approximately $37 per barrel.

Ken