NDO 0.56% 90.0¢ nido education limited

about to break resistance, page-12

  1. 3,493 Posts.
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    re: about to break resistance .quack. Wink. I have retired from 40 years in the oil field, working on rigs. I have worked with some of NDO staff in Australia and overseas. When you have good staff you get a good company. NDO was given a gold mine in the Philippines, when they got that lease. Years of work was siting packed up in boxes just waiting for some one to start on. We got on at 2.5c and will wait for the long haul. I believe that they will up and down for the next year, BUT once the oil comes on line you will see the price go up. Trust me the oil is there, it was found years ago. It takes a dam long time to round up rigs,this could slow them down some, as for the north sea, THAT WILL COST THE EARTH. But if it comes off at the same time as the Philippines, you will see big bucks no trouble. We are in for the long haul. Sue12.
 
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