Located on a region with huge reseves. Wherever Neunco drills in its lease hold in Calafornia, there's a large possibility they can strike oil, they have proved this already. I believe after a few more tries they should get a well flowing oil and producing money.
With a huge lease hold I also believe the price at this level is a takeover target.
Moved from the "United States" forum. Original message number: 378
NEO
nuenco nl
located on a region with huge oil gas reseves
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