Ann: NWE: Xanadu-1 Oil Discovery, page-434

yes I agree with you Bobby, no announcement is odd, it is almost as if they want to keep the price low for some reason, and the volume is nothing for a share that has a conservative valuation of 38cps from Carmichael where they attribute Xanadu at only 4cps and 4mmbls, which now is blown out of the water. If Xanadu is 50mmbls they value it at 93cps for TEG and Arrowsmith becomes a money machine, yet the SP and volume sit in limbo. I don't really care myself as I am a LT holder and have plenty of shares much lower and can afford to wait 6 months or more and this recent news is wonderful but I can't help think that there is some war room planning and strategising going on here on a larger scale. I suspect that all will be made clear soon. You would have to be crazy to sell now and perhaps that explains the low volume.