TBE, Cool down TBE, I thought we were in agreement that NSE has a very attractive asset in Goldwyer....Conoco is in ageerment too. We don't need to keep emphasizing the fact...Again & again. However,Conoco paid very little for a substantial portion of a massive 11m acres of very prospective grounds....WHY? Is there some risk? Is it all good to have COP as an ally. With NSE holding 25%,How much leverage does it have in case of a T/O. It is not helpful repeating what looks like a fact,otherwise we will sound like a broken record. On the otherhand,it might be useful to examine the "risks" & potential upside (Not because of how much or how good shale we might have,rather because of holding only 25% with Goliath holding 75%) I may not be able to provide the answers..others might. Lastly, The reason for this diversification isue is that a poster on this forum recieved big endorsement by saying "Diversification is for mugs"...I gave it TU because I thought it was humorous.
NSE Price at posting:
46.5¢ Sentiment: Buy Disclosure: Held