yakal derisked now, page-8

Bello,

You are correct to be bullish on NDO, everything seems to be lining up at last. However, when that guy who sold at 20 cents buys back into the game at 16 cents he will be better positioned when the stock starts the long climb upwards.

I cashed out 30% of my holding at 21 and 22 cents, and am looking forward to doing the same. Not that I wish to buy a Youth Hostel:)

One must also remember that the price of oil is directly linked to the USD. Europe being a basket case now is driving the dollar up. This makes oil go up, and the Aussie dollar go down, and creates a multiplier effect on driving up NDO share price.

IMHO there is lots of instability ahead for NDO, but it will win in the end. By finally taking control of the extraction process, it is slowly maturing from a little fish, well out of its depth.

KIX NDO