NWE 0.00% 5.6¢ norwest energy nl

bewildered..., page-18

  1. 2,897 Posts.
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    The market has no appetite for risk.

    This stock probably will not achieve much price movement until we stick a drill in the ground and bring it back out covered with black stuff. At the moment we have nothing tangible, all we have is the hope that the seismic data looks promising in a region that has found hydrocarbons before.

    It has nothing to do with the company it is just the way that all markets are at this point in history.

    So what you all have to do, in my opinion, is decide whether you are a risk taker and whether you are here until we drill all our tenements and find out what we have or you have better places to invest your money.

    In my opinion, the management have done a great job in a very difficult economic time and are worthy of continued support and risk. Others on this site have outlined their achievements so I will not go over them again.

    I have subscribed for the full allocation available in the SPP.

    The joy is that we have the cost of the first drill holes covered.

    To those who are anxious, posting your fears when you are frustrated that your expectations have not been met, achieves little, probably does not even sooth your own nerves, so my advice to you is to sit back, get a good book, a drink that you prefer and someone whose company you enjoy and relax until we begin to drill.

    I will wait patiently for the next steps in our journey, but like everyone else, the sooner we start the better.
 
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