if magnolia is a dud, what price norwest?, page-3

I reckon you would be on the money there Blackgold.

I cant see it getting below 12 cents. A 25% fall would put it about 12 to 13.

Many many holders would only be in NWE for Magnolia so there will be a rush to the exits upon a duster.
Particularly as there are no immediate high impact follow-ups to hang for other than the US gas plays and I suspect those have now lost a bit of interest due to the Applachian disappointment.

NWE however will have a bucket load of cash after the recent raising and for the patient will be worth waiting for the next big drill whenever that may be....

acturtle