Hey Guys,
I was chatting with my buddy from the mining company and he said this about NSV.V.
don't fully understand, could you help make sense of it?
He said watch for NSV.V after june 8th
"they hit hydrocarbons (natural gas - oil) on a section in northern bc that wasent all that favourable, its a few km away from existing pipeline after they hit the next rule was to get a flow test rig out there so they could model the flow rates (provides an evualation of potential montlhy revenues) but due to road bans (not allowed to send heavy machinery on the roads due to thaw)
in theory you can but you have to pay a fine
some of the bigger compnaies pay the fines
so the deal here is that after june 8th the flow rig will be onsite and will provide a model of what they could tie to the pipeline
on top of this they still have 3 other sections to drill (they have 4 in total)
the one they drilled was deemed to be the least favourable outta the 4 and that one hit
at .29/.30 level im sitting onto 100k shares waiting
take a look at when they were drilling.. ran up to a 4yr high
Getting in now could prove to be advantageous depending on you tolerance of risk in the venture markets
i like the leverage a .30 stock affords vs a 1.90/3.00"
I was chatting with my buddy from the mining company and he said this about NSV.V.
don't fully understand, could you help make sense of it?
He said watch for NSV.V after june 8th
"they hit hydrocarbons (natural gas - oil) on a section in northern bc that wasent all that favourable, its a few km away from existing pipeline after they hit the next rule was to get a flow test rig out there so they could model the flow rates (provides an evualation of potential montlhy revenues) but due to road bans (not allowed to send heavy machinery on the roads due to thaw)
in theory you can but you have to pay a fine
some of the bigger compnaies pay the fines
so the deal here is that after june 8th the flow rig will be onsite and will provide a model of what they could tie to the pipeline
on top of this they still have 3 other sections to drill (they have 4 in total)
the one they drilled was deemed to be the least favourable outta the 4 and that one hit
at .29/.30 level im sitting onto 100k shares waiting
take a look at when they were drilling.. ran up to a 4yr high
Getting in now could prove to be advantageous depending on you tolerance of risk in the venture markets
i like the leverage a .30 stock affords vs a 1.90/3.00"
