NWE 0.00% 5.6¢ norwest energy nl

"the quiet" before the storm of excitement.., page-7

  1. 2,057 Posts.
    Lest - there's 2 things right now thats preventing NWE from progressing and only 1 of those 2 things is within NWE's control.

    1 - The results. What we've seen so far haven't been enough to be considered "exciting" by any stretch of the imagination - however it must be noted that what we've seen so far has only been the peripheral of the real project - which has yet to be fracced.

    2 - Europe. This is outside of NWE's control - however it looks like the world markets are starting to realize the EU isn't going to fix itself, and they are now starting to anticipate (however slowly it may be) that come September 1 - the ECB won't have an answer the market likes - hence now we're seeing the decline from a market peak built on unfounded optimism.

    What NWE needs to do is get the fracc results out of the solid core sections before the end of the month - that way we'll see the solid SP rise on favorable results (should we have them).

    If they don't get a hurry on - I fear we're going to see the small island of hope that is NWE be swept away in another tsunami of EU/US fears.

    I like my glass half empty, that way it's easier to maintain my martini's shaken, and not stirred. lol
 
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