need results from the board in 2008

There is huge potential in this company that they cant see. Neo leases are located on a region with huge oil and gas reseves. Wherever Neunco drills in its lease hold in Calafornia, there is a large possibility they strike oil and gas, they have proved this already. I believe they should succeed in flowing oil and gas and producing money.

The price at this level is a takeover target. Im happy to buy and hold. 7 cents to $7- over ten years is a good investment for me.

This company is no longer an explorer, the wells are said to have oil and gas, its a matter of time in getting them to flow out. If you are not prepared to buy and hold for ten years then dont buy it at all. This fits the rule. Find a stock which has potential and Buy it in time of low interest in it. Sell when it has no potential and all want it.

I bought to hold. Hopefuly in ten years I would accept why I did it.