takeover target, page-4

Joffa99, I know what you are saying about the markets in general but you cant compare Beach and Tap with NXS. Beach is a very mature company as in old, established and even mundane, with no real upside. Tap simply has had a very poor management for many years, has been badly run and has the worst reserve replacement ratio in the industry. NXS on the other hand has an astute management that has been responsible for accumulating significant low cost reserves and getting the sp up from below 10cents. NXS has a big future that is not reflected in the present sp and that is very frustrating to us longterm holders. It could be that institutional investors want to get out until NXS drills Libra,gets the FID for Crux, proves up additional reserves ,becomes a producer, etc etc. They may well plan to get back in after Libra is drilled depending on results. Anyway it is an opportunity to accumulate and hopefully those risk averse instos get really punished when they try and get back in again.
Occam