This is topic NVMG BIG NEWS !!!! NOW RUNNING....BOUNCE BACK FROM BOTTOM!! in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.
NAEG Announces Oil Sale and Purchase Agreement with Shell
Canada NewsWire "All News "
FOREST HILLS, N.Y., October 3 /CNW/ - Native American Energy Group, Inc. (the "Company" or "NAEG") (OTC Pink Sheets: NVMG) is pleased to announce it has signed an Oil Sale and Purchase Agreement (SPA) with Shell Trading (US) Company (Shell), and is to begin supplying high-gravity oil from its producing wells in N.E. Montana to Shell immediately.
Shell Trading buys and sells several million barrels of hydrocarbons per day in physical markets, making it one of the largest petroleum supply and trading organizations in the industry. The above SPA was consummated in August, subsequent to the sample testing, approval and purchase, by Shell, of NAEG's initial oil production from the Tribal 7-A and COX 7-1 wells located on the Fort Peck Indian Reservation. Said contract shall be ongoing, and the purchase price adjusted-to-market at regular intervals during which unlimited period, Shell will acquire all future oil production from all NAEG wells in Montana.
Raj Nanvaan, Vice President and CFO of Native American Energy Group, stated, "We are pleased that Shell Trading was enthusiastic about being our buyer. This represents NAEG's first sale of oil to the North American oil market. We look forward to this relationship with Shell on our Montana project, and believe both Native American Energy Group and Shell will benefit from this interaction. I am happy to report to shareholders and investors, alike, that Native American Energy Group is firmly and uniquely positioned, today, in our niche. The nation's demand for energy has increased as a result of factors like the booming economy, high population growth, industrialization and urbanization. There is increasing demand for oil and natural gas as a consequence of this increase in demand for energy."
Joseph D'Arrigo, President and CEO of Native American Energy Group further commented, "By design, NAEG has gained the geographical advantage to help meet this demand for oil & natural gas by acquiring an infrastructure and inventory of historically producing wells in the oil & gas rich, Williston Basin region; while at the same time, NAEG's production results, I am very pleased to say, also benefit local Native American tribal communities and landowners whom are in need of revenues from those resources. This has become our "niche," as we were invited to do. As an independent energy company in current production on tribal land, we, at NAEG, aim at meeting the energy demand of our country by means of these oil and gas development projects, as well as, contributing to the economic well-being & long-term stability of all of Montana's native tribes that are involved. Therefore, NAEG carries on studies, acquires and develops prospective leases, and reaches agreements with natural gas and oil suppliers such as Shell to help meet this increasing demand. We will continue with the good work we have started here, as NAEG strives to meet its production schedule."
Safe Harbor Statement: This News Release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities & Exchange Act of 1934, as amended, with respect to corporate objectives, projections, estimates, operations, acquisition and development of various interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.
Posted by Ace of Spades on :
This is about to break a penny !!!
Posted by Fuzzy1018 on :
whats the bid right now?
Posted by BENJAMINS on :
this company is a super low floater,....my kinda stock
Posted by Ace of Spades on :
bid and ask just lowered, be carefull.
Posted by Schwabie on :
.007
Posted by Schwabie on :
.0065
Posted by BENJAMINS on :
Market Makers are playing games, they will be caught with they pants down on this,.... I'm getting more at this Dip. This company is a low floater, and MMs are trying to squeeze shares off traders.
Posted by Schwabie on :
BACK TO .0085
Posted by doling2005 on :
what is the float on this one?
Posted by Schwabie on :
.007
THIS IS ALL OVER THE PLACE !
Posted by BENJAMINS on :
FUNDAMENTALS
Shares (Millions) 0.204 Market Cap (Millions) 0.001 Float (Millions) 0.204 Return on Equity -90.404
Posted by atleast on :
quote:Originally posted by doling2005: what is the float on this one?
was F/S recently - hard to say now... by the way - shakerzzz is on
Posted by doling2005 on :
I actually like it, news should launch it with the low float
Posted by BENJAMINS on :
Float (Millions) 0.204
Bloomberg.com
Posted by Schwabie on :
NICE VOLUME...
LOOKS LIKE A TOSS UP BUT NICE FLIP POTENCIAL
2 1/2 TIME 10 DAY MOVING AVERAGE
Today’s Price Performance as of 10:52am EDT, 10/03/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0075 Last Price 0.0015 +25.00% Today’s Change $0.0055 Today’s Open 7,525,555 Above Avg. Today’s Volume
Posted by doling2005 on :
volume pouring in now, that's a good sign
Posted by Schwabie on :
quote:Originally posted by atleast:
quote:Originally posted by doling2005: what is the float on this one?
was F/S recently - hard to say now... by the way - shakerzzz is on
NOW WE KNOW WHERE THAT VOLUME IS COMING FROM...
IT DOUBLED IN LIKE 15 MINUTES
Posted by atleast on :
quote:Originally posted by Schwabie: NICE VOLUME...
LOOKS LIKE A TOSS UP BUT NICE FLIP POTENCIAL
2 1/2 TIME 10 DAY MOVING AVERAGE
Today’s Price Performance as of 10:52am EDT, 10/03/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0075 Last Price 0.0015 +25.00% Today’s Change $0.0055 Today’s Open 7,525,555 Above Avg. Today’s Volume
PPS after F/S was around .012
Posted by doling2005 on :
heading back to HOD
Posted by Schwabie on :
.0085 AGAIN
LET'S SEE IF THEY TAKE IT DOWN AGAIN...
VOLUME SF ROCKIN'
Posted by atleast on :
from other board : O/S is 204 M
Posted by Schwabie on :
THX ATLEAST
Posted by before_the_crowd on :
To Da MOOONNNNN!! SHAKERZZ or No SHAKERZZ Great News
Posted by doling2005 on :
quote:Originally posted by atleast: from other board : O/S is 204 M
Thanks, always nice to know what you bought after the fact! Posted by Schwabie on :
quote:Originally posted by doling2005:
quote:Originally posted by atleast: from other board : O/S is 204 M
Thanks, always nice to know what you bought after the fact!
I KNOW ! LOL
I'M IN AT .007
IMPRESIVE... ALMOST 9 MILLION VOLUME ALREADY !
3 TIMES DAILY MOVING AVERAGE !
Posted by visiblecat on :
I wanna see it go over 0.01 !!!
Posted by doling2005 on :
quote:Originally posted by before_the_crowd: To Da MOOONNNNN!! SHAKERZZ or No SHAKERZZ Great News
Come on Shakerz take us past a penny
Posted by Schwabie on :
GO SHAKERZZ GO !
Posted by BENJAMINS on :
This is what I got from other board **************,...
Business Description: Oil & Gas Exploration & Development. Native American Energy Group specializes in renewable and non-renewable energy production on Native American Land. Our primary business is the development of previously capped and shut-in oil and gas wells in Indian Country that have proven reserves.
Primary State of Incorporation: Nevada
Country of Incorporation: USA
Officers: Joseph D'Arrigo, President
Outstanding Shares: 203,700 as of 2006-09-19
Estimated Market Cap: 1,222 as of 2006-10-02 (based on Outstanding Shares as of 2006-09-19)
Current Capital Change: shs increased by 20 for 1 split Ex-Date: 2006-09-19 Record Date: 2006-09-07 Pay Date: 2006-09-18
Dividends:
Company Notes: Formerly=Halstead Energy Corp. until 2-05
Class Notes: Capital Change=shs decreased by 1 for 2 split. Pay date=10-16-98 Capital Change=shs decreased by 1 for 200 split. Pay date=02/07/2005
Posted by doling2005 on :
she's gonna go...
Posted by mo-rydr on :
Investor Relations
Outlook Native American Energy Group is a publicly traded, independent oil & gas exploration, development and production company listed on the NASDAQ OTC Pink Sheets Market. The company currently owns leases on oil & gas properties in the Williston Basin in Northeastern Montana. The properties being leased and acquired have proven track records and have previously shut-in or abandoned wells on the land. Well logs and drilling data are fully reviewed before further pursuing a potential lease.
In addition to acquiring previously shut-in and abandoned wells, our company has aggressively acquired a significant amount of acreage over the Bakken Formation in the Williston Basin which the Oil & Gas industry is now calling the largest oil find in the continential U.S in the last 50 years. For more information on this formation, kindly visit the Wall Street Journal article at the following link: Wall Street Journal - Montana Oil Boom
Our company is still acquiring additional Bakken acreage along with enhancing & reactivating our portfolio of historically producing oil & gas wells. The company intends to drill a group of Bakken wells in the year 2007.
Financial Disclosures NAEG has retained the services of a New York accounting firm and is currently preparing their 2005 financial statement which will include audited financials. The company intends to make application to the OTC Bulletin Board or American Stock Exchange in the year 2007 after it has reached a set goal of production and qualifies for listing on either market or exchange. Once the audited financials are complete, they will be availabe for viewing on pinksheets.com until the company files any such registration statement with the U.S. Securities & Exchange Commission. The company understands that it may not be in its best interest to take on the obligation of complying with the Sarbanes-Oxley Act until the Board of Directors deems fit to do so. However, the Board of Directors of the company intend to utilize the OTCQX, a premium quotation, trading, and disclosure service for OTC securities trading on the Pink Sheets.
Posted by doling2005 on :
HOD
Posted by Schwabie on :
BACK TO HOD .009
Today’s Price Performance as of 11:23am EDT, 10/03/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0090 Last Price 0.0030 +50.00% Today’s Change $0.0055 Today’s Open 9,137,092 Above Avg. Today’s Volume
Posted by Schwabie on :
BOOOOOOOOOOOOOM .01 HOD
Today’s Price Performance as of 11:28am EDT, 10/03/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.01 Last Price 0.0040 +66.67% Today’s Change $0.0055 Today’s Open 10,302,092 Above Avg. Today’s Volume
Posted by doling2005 on :
break-out here
Posted by Schwabie on :
TESTING AGIN ...
Posted by Fuzzy1018 on :
guys check out SSSU, seems to be very strong
Posted by doling2005 on :
Fuzzy join us here we're flying
Posted by Schwabie on :
BOOOOOOOOOOOOOOM
Posted by Fuzzy1018 on :
i missed this one, was gana buy at .0085 ;/. SSSU may hit .02 today aswell
Posted by Schwabie on :
quote:Originally posted by Fuzzy1018: guys check out SSSU, seems to be very strong
1 STAR FOR YOU !
LOL
Posted by doling2005 on :
catch any dip here IMO
Posted by Schwabie on :
HOD .018
Today’s Price Performance as of 11:38am EDT, 10/03/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.015 Last Price 0.0090 +150.00% Today’s Change $0.0055 Today’s Open 12,013,592 Above Avg. Today’s Volume
Posted by BENJAMINS on :
This one should see .02 or higher EOD
Posted by doling2005 on :
looking at the volume and price action, might be higher
Posted by Schwabie on :
GREAT CALL BENJAMINS
5 STARS FOR YOU !
Posted by doling2005 on :
thanks Benjamins!!!!!!!!! Kudos
Posted by BENJAMINS on :
Thank you SCWABIE !!... everyone should be rich, thats the way I think lol
Posted by invester on :
CLYP is on the ASK. Dilution?
Posted by BENJAMINS on :
Just hold on to your shares, this stock is a low floater by most of the DD I've done,..... MMs are caught with they pants down !!!!
Posted by doling2005 on :
what is with this? only up 175%??? Posted by before_the_crowd on :
3 Day runner?? Wow..My account LOOKS NUTSSS right now.. Its almost like a dream!!
Posted by doling2005 on :
big big buys coming in here..what have we got here?
Posted by Schwabie on :
OK, I TOOK INVESTMENT AND PROFIT.
LOOKS GOOD STILL THOUGH !!! COULDN'T PASS UP.
SOLD AT ASK THOUGH. HOPE I HELPED !
ONLY RIDING 50K FREE SHARES NOW.
Posted by BENJAMINS on :
who says you cant make thousands in one day? Let them come to pennyland !!!
Posted by Schwabie on :
BOOOOOOOOOOOOM !
HOD .02
Today’s Price Performance as of 11:55am EDT, 10/03/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.018 Last Price 0.01 +200.00% Today’s Change $0.0055 Today’s Open 17,619,330 Above Avg. Today’s Volume
Posted by Schwabie on :
ALMOST 5 TIMES TRADING AVERAGE ALREADY
4 HOURS TO GO
Today’s Price Performance as of 12:00pm EDT, 10/03/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.019 Last Price 0.01 +216.67% Today’s Change $0.0055 Today’s Open 18,520,996 Above Avg. Today’s Volume
Posted by doling2005 on :
there must be some very big players in this one
Posted by mo-rydr on :
quote:Originally posted by Schwabie: OK, I TOOK INVESTMENT AND PROFIT.
LOOKS GOOD STILL THOUGH !!! COULDN'T PASS UP.
SOLD AT ASK THOUGH. HOPE I HELPED !
ONLY RIDING 50K FREE SHARES NOW.
Same here Schwabie, do you think this could be a good long play? Riding 150K Free Shares. Posted by invester on :
I'm in at .018
Posted by Schwabie on :
quote:Originally posted by mo-rydr:
quote:Originally posted by Schwabie: OK, I TOOK INVESTMENT AND PROFIT.
LOOKS GOOD STILL THOUGH !!! COULDN'T PASS UP.
SOLD AT ASK THOUGH. HOPE I HELPED !
ONLY RIDING 50K FREE SHARES NOW.
Same here Schwabie, do you think this could be a good long play? Riding 150K Free Shares.
WELL, IF SHAKERZZZ IS ON IT
I AM NOT IN FOR THE LONG RUN BUT WILL KEEP A FEW
Posted by invester on :
Shake, this one will go higher over the next few days.
Posted by mo-rydr on :
Thanks Schwabie, I will keep my finger on the trigger to let go of 100K.
Posted by BENJAMINS on :
I'm holding all mine till I see a HIGHER HOD !!!!
Posted by Schwabie on :
BACK IN FOR SOME MORE AT .013
NEXT FLIP COMING UP !!!
Posted by djg7 on :
I'm in at .015 during shake.
Posted by Schwabie on :
BACK TO .015
NOT FLIPPING YET
LOOK AT THAT VOLUME... 7x MOVING AVERAGE
Today’s Price Performance as of 12:13pm EDT, 10/03/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.015 Last Price 0.0090 +150.00% Today’s Change $0.0055 Today’s Open 20,396,620 Above Avg. Today’s Volume
Posted by doling2005 on :
I think this stock is on every traders radar.. major volume..
Posted by Schwabie on :
.016 !
Posted by BENJAMINS on :
next stop .03....woooooo!!
Posted by mo-rydr on :
WOW this company's float is only 203.4M and it just went through a FS of 20:1, could you imagine if you got in before that?!!
And this has a lot going for it!! Dang!!! Posted by doling2005 on :
must be lunchtime
Posted by BENJAMINS on :
lunch time ????? lol.... I see this stock trading above .02 EOD today, any take?
Posted by Schwabie on :
quote:Originally posted by BENJAMINS: lunch time ????? lol.... I see this stock trading above .02 EOD today, any take?
NO I WONT TAKE THAT BET !
YOU SCARE ME !
LOL
Posted by BENJAMINS on :
big orders coming in, Always remember the EOD run is going to be very strong considering the volume. In this case,if it closes strong today, expect a GAP tomorrow!
Posted by doling2005 on :
quote:Originally posted by Schwabie:
quote:Originally posted by BENJAMINS: lunch time ????? lol.... I see this stock trading above .02 EOD today, any take?
NO I WONT TAKE THAT BET !
YOU SCARE ME !
LOL
BOO! Posted by Schwabie on :
BOUNCED AGAIN FROM .013
GOOD SUPPORT THERE ?
.016 PPS
Posted by doling2005 on :
dips being bought..very good sign
Posted by doling2005 on :
people are hanging on to this one like it's Mother Theresa
Posted by Schwabie on :
GOOD:
MAN IF THEY PR ESTIMATED NUMBERS TOMORROW
OR MORE SPECIFICS ABOUT THE DEAL ...
OH BABY !
BAD:
BECAREFUL THOUGH. SHAKERZZZ IS IN HERE OR LURKING !
Posted by djg7 on :
.018 x .019 moving again.
Posted by Schwabie on :
BOOOOOOOOOOOOYA !
Posted by visiblecat on :
I got in on this at 0.0070 thanks to www.thesharkster.8m.com email heheh ,,,,,,Their target is 0.02
got another alert on SEVI heheh Posted by Schwabie on :
NON STOP VOLUME..
8-9 TIMES MOVING AVERAGE ! WITH JUST UNDER 3 HOURS TO GO !
THERE IS NO WAY THAT THIS WILL NOT SET OFF
MAYOR ALARMS TODAY AND TOMORROW...
Today’s Price Performance as of 1:08pm EDT, 10/03/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.018 Last Price 0.01 +200.00% Today’s Change $0.0055 Today’s Open 24,314,550 Above Avg. Today’s Volume
Posted by doling2005 on :
we might settle in here somewhere near the HOD and gap over .02 in the am, due to extreme volume and breakout off the bottom
Posted by Ace of Spades on :
Today has been a fun day! Posted by BENJAMINS on :
I'm still counting on we hitting .02 today DOLING . People are not selling,....thats a good sign,... We are not done yet!!
Posted by Schwabie on :
quote:Originally posted by Ace of Spades: Today has been a fun day!
NO KIDDING !
FLIPPED IT 3 TIMES ALREADY...
I CAN ONLY DO ONE MORE FLIP IN THIS IRA ACCOUNT...
DECISIONS DECISIONS DECISIONS !
DOES LOOK GOOD FOR TOMORROW... VOLUME & SUPPORT
WITH THE POSIBILITY OF A FOLLOW UP PR...
GRR !
Posted by doling2005 on :
quote:Originally posted by Schwabie:
quote:Originally posted by Ace of Spades: Today has been a fun day!
NO KIDDING !
FLIPPED IT 3 TIMES ALREADY...
I CAN ONLY DO ONE MORE FLIP IN THIS IRA ACCOUNT...
DECISIONS DECISIONS DECISIONS !
That's funny, I'm in the same boat..think I'll hold, can't afford another flip!
DOES LOOK GOOD FOR TOMORROW... VOLUME & SUPPORT
WITH THE POSIBILITY OF A FOLLOW UP PR...
GRR !
Posted by doling2005 on :
I didn't flip it 3 x though..
Posted by invester on :
If Shell is doing business with them, I'm doing business with them. This one should go higher.
Posted by Ace of Spades on :
I feel the same way...
Posted by BENJAMINS on :
lol invester,.... This company has huge potentials ..... I'm seeing $10 at the bottom of my level II , hmmmmmmm lol
Posted by Schwabie on :
INVESTER,
SHELL IS A REALLY REALLY BIG COMPANY...
THIS IS GREAT NEWS FOR THE COMPANY AND
I ALSO THINK IT ~COULD~ GO MUCH HIGHER WITH FOLLOW UP PR.
_____________________
WHAT ARE ~YOU~ GOING TO DO ?!?
YOU CAN PM ME IT IF YOU LIKE.
I KNOW YOU DON'T POST MUCH !
Posted by BENJAMINS on :
hey schwabie....here is the opportunity for your last FLIP....lol
Posted by doling2005 on :
the big guys are back from lunch..to launch
Posted by Schwabie on :
.018 AGAIN Posted by doling2005 on :
very near HOD here
Posted by Schwabie on :
.019 !
Posted by doling2005 on :
Benjamins you da' man Posted by Schwabie on :
BOOOOOOOOOOOOOOOOOOM
HOD AGAIN .02
Today’s Price Performance as of 1:57pm EDT, 10/03/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.02 Last Price 0.01 +233.33% Today’s Change $0.0055 Today’s Open 25,903,531 Above Avg. Today’s Volume
Posted by Schwabie on :
NEW HOD .022 !!!
Posted by Ace of Spades on :
All we need now is a PR about a deal with EXXON MOBIL! Posted by doling2005 on :
Shell is buying this stock up me thinks
Posted by Schwabie on :
BREAK OUT !!!!!!!!!!!!!!!!!!!!!!!!!
+266.67% Today’s Change $0.0055 Today’s Open 26,862,443 Above Avg. Today’s Volume
Posted by skip on :
darn, should have bought at .014 when I was looking at it earlier...good play guys
Posted by Schwabie on :
LETS TEST .022 AGAIN
.02 PPS
Posted by invester on :
200k for me.
Posted by BENJAMINS on :
I'm buying more at any dip,....for tomorrow GAP !!
Posted by Schwabie on :
10 TIMES MOVING AVERAGE !!!
GUESSES ON EOD VOLUME ?
I SAY 37 MILLION !
__________________________
PPS AS TIME HAS PROGRESSED SO FAR::
HIGHER HIGHS & HIGHER LOWS
Posted by doling2005 on :
I have a feeling this may look cheap in the am
Posted by invester on :
There are First Oil companies, "Shell oil" and then secondary oil companies, "PGPM". For Shell oil to be doing business with these guys the amount of oil must exceed a certain amount. Typically they will sell a lease that is not producing enough oil. It cost them so much per day to keep the Oil Derrick there, and if there is another location that surpasses, they will move it. This is HUGE fellas. I feel when the details of the contract come out; this could be well into $1 land. Posted by Fuzzy1018 on :
this could be huge eod runner today, and possibly a gapper tom.
Posted by Schwabie on :
Posted by djg7 on :
Invester you have to be kidding. Dollarland? lol Guess we'll have to wait to see what transpires.
Posted by Schwabie on :
Schwabie Member
posted October 03, 2006 13:00 -------------------------------------------------------------------------------- GOOD:
MAN IF THEY PR ESTIMATED NUMBERS TOMORROW
OR MORE SPECIFICS ABOUT THE DEAL ...
OH BABY !
quote:Originally posted by invester: There are First Oil companies, "Shell oil" and then secondary oil companies, "PGPM". For Shell oil to be doing business with these guys the amount of oil must exceed a certain amount. Typically they will sell a lease that is not producing enough oil. It cost them so much per day to keep the Oil Derrick there, and if there is another location that surpasses, they will move it. This is HUGE fellas. I feel when the details of the contract come out; this could be well into $1 land.
THATS EXACTLY WHAT I WAS THINKING.
MAN IF WE GET DETAILS OF THE DEAL...
I THINK WE MAY SEE A FEWW CENTS !
Posted by Schwabie on :
NEW HOD .023 !!!!!!!!!!!!!!!!!!!!!!
Posted by Schwabie on :
OMG ANOTHER NEW HOD .024 !!!
I CAN'T KEEP UP !
Posted by doling2005 on :
Just cancelled my sell for .03
Posted by invester on :
quote:Originally posted by djg7: Invester you have to be kidding. Dollarland? lol Guess we'll have to wait to see what transpires.
My family is in the oil business. I know these things.
Posted by doling2005 on :
30 million shares traded. I knew the big guns were in this..Gap tomorrow? U bet
Posted by djg7 on :
Invester, so you're saying this is another huge play.
Posted by invester on :
quote:Originally posted by djg7: Invester, so you're saying this is another huge play.
If shell is doing business, you really don't understand how much oil were talking about. It should be HUGE. They don’t typically mess with small Hydrocarbon contracts.
Posted by Fuzzy1018 on :
NEW HOD
Posted by invester on :
At .10 you’re talking about a $20m company. I would bet the contract itself is more than that. Look at the wording "on going". This is extensive, not just a spot contract. I like it.
Posted by Schwabie on :
11x MOVING AVERAGE...
Posted by doling2005 on :
quote:Originally posted by invester: At .10 you’re talking about a $20m company. I would bet the contract itself is more than that. Look at the wording "on going". This is extensive, not just a spot contract. I like it.
Ok, I'll put my sell order in at .10
Posted by Ace of Spades on :
All we need now is a PR about a deal with EXXON MOBIL! Posted by invester on :
I really like this one. I wnat the details of the contract. They have to be HUGE!!!!!
Posted by Fuzzy1018 on :
I totally agree with you investor, this will be big
Posted by Schwabie on :
POST FROM IHUB ( THIS CONVEYS MY THOUGHTS TOO )
Posted by: shakerzzz In reply to: None Date:10/3/2006 3:04:17 PM Post #of 50
weeeeeeeeeeeeeeeeeeeeeeeeeee
Posted by Schwabie on :
POST FROM IHUB:
Posted by: Vortx In reply to: None Date:10/3/2006 3:12:54 PM Post #of 52
This could be another AWYB run...folks..hangon
Posted by djg7 on :
When can we expect the details of the contract?
Posted by Fuzzy1018 on :
running
Posted by Schwabie on :
BACK TO .023
HIGHER HIGHS AND LOWS
Posted by doling2005 on :
Interesting read from earlier PR
Wolf Pt Linked to Canadian Oil-Sands: Montana's Governor Proposes Oil Refinery in Heart of NAEG Operations Wednesday September 20, 10:03 am ET
FOREST HILLS, N.Y.--(BUSINESS WIRE)--Sept. 20, 2006--Native American Energy Group, Inc. (the "Company" or "NAEG") (OTC Pink Sheets: NVMG - News), a publicly traded, independent energy company operating out of Wolf Point on the Fort Peck Indian Reservation in Northeast Montana, reports today on some enthralling news from the Governor's office. The Schweitzer administration has named Wolf Point as one of seven Montana towns that might welcome an industrial-sized refinery for the purpose of processing crude oil from Canada's mega-field, oil sand development. Describing the administration's plan is an article entitled, "Governor gauging interest in new refineries," by The Gazette State Bureau that can be viewed at the following link: http://www.billingsgazette.net/articles/2006/09/08/news/state/30- refineries.txt
Posted by Schwabie on :
POSTS FROM IHUB::
Posted by: Vortx In reply to: None Date:10/3/2006 3:21:02 PM Post #of 54
Great news today and Momentum players on this...Get on the Bus folks...tomorrow HUGE GAP....
Posted by: Vortx In reply to: None Date:10/3/2006 3:22:16 PM Post #of 54
MMs trying to shake...Nothing's happening...this proves Super low float
Posted by doling2005 on :
Another fabulous PR..this is just the beginning..Sept. 29th
This is all unfolding over the past month..look at the PR trail..I think we could be up another 200% tomorrow..or soon
Posted by Schwabie on :
.022 PPS
C'MON BABY GIVE US A NEW HOD !!!
Posted by doling2005 on :
take another look at this, out of today's PR HUGE...
"Said contract shall be ongoing, and the purchase price adjusted-to-market at regular intervals during which unlimited period, Shell will acquire all future oil production from all NAEG wells in Montana".
Posted by djg7 on :
Hopefully an EOD run which sets up a gapper tomorrow.
Posted by invester on :
This is from the previous PR. Looks like big things to come. Shell is getting in on the action early. I think this could be a BIG runner.
Native American Energy Group is focused on its acquisition and well-development program in accordance with its business plan. As it stands, NAEG is currently acting on more than 100 bid awards on oil & gas land leases from the U.S. Department of Interior - BIA (Bureau of Indian Affairs) which are described as, in-process. In addition, the Company announced today that within the last six months NAEG has been approached by a foreign investment group that has proposed financing the construction of a new oil refinery in Northeastern Montana. As a result of on-going discussions, NAEG management has contacted Evan Barrett, Chief Energy Officer of the Schweitzer administration. Native American Energy Group's role would be to manage the facility and is to include part ownership, however, such a development, should it occur, would not trigger a shift from the Company's main focus.
Posted by juice on :
looking amazing wow what a day. tried for a fill early, didnt chase but this is still going!!
Posted by Schwabie on :
HERE WE GO.. EOD RUN APPARENTLY !!
Posted by invester on :
I bought another 100k, 300k for me.
Posted by Schwabie on :
BACK TO HOD AGAIN !!!!!!!!
.024 C'MON BABY !!!
Posted by djg7 on :
I got 100K at average of .017. Good EOD run.
Posted by doling2005 on :
I wonder if the governor of Montana who is pushing this venture is in this stock
Posted by invester on :
NITE .025!!!
Posted by invester on :
NITE .026!!!!
Posted by Schwabie on :
NEW HODDDDDDDDDDDDDDDDDD
.025 !!!!!!!!!!
Posted by skip on :
going nuts! I am in for the gap tomorrow!
Posted by doling2005 on :
did we lose Benjamin?
Posted by juice on :
in for the gap as well
Posted by BENJAMINS on :
lol....WE won,....now scwabie pay up!!! lol
Posted by Schwabie on :
AMAZING SIMPLY AMAZING !!!
FINISHED AT NEW HOD AT EOD !!!
CAN YOU SAY... GAPPPPPPPPPPPPPER?
BOOOOOOOOOOOOOOOOOYA !
Today’s Price Performance as of 10/03/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.025 Last Price 0.02 +316.67% Today’s Change $0.0055 Today’s Open 40,792,131 Above Avg. Today’s Volume
Posted by invester on :
This thing is far from done. Shell doesn’t do anything in small doses. I'm in this camp.
Posted by stnkng1 on :
TARGET PRICE .0625
Posted by djg7 on :
We're with you invester. Damn Twins blew Game 1.
Posted by Schwabie on :
quote:Originally posted by BENJAMINS: lol....WE won,....now scwabie pay up!!! lol
NO, I WAS WITH YOU ...
I NEVER DOUBTED YOU.
I'M SCAREDA YOU !
LMAO
P.S. WISH I COULD GIVE YOU 10 STARS INSTEAD OF 5 LOL !
P.S.S. I THINK BENJAMIN DESERVES SOME STARS !!
SO PLEASE DO YOUR PART.
Posted by doling2005 on :
quote:Originally posted by stnkng1: TARGET PRICE .0625
You mean for tomorrow right?
Posted by djg7 on :
Nice call Benjamins!!
Posted by invester on :
I didn't realize so much was going on in Montana. They have a total population of about 500k. They apparently have ALOT of oil for Shell to be doing business with them. This one TO DA MOON!!!!
Posted by doling2005 on :
Just gave ya 5 stars Benjamins
Posted by skip on :
this is far from over, the more I read, the more I like this. Shell is HUGE, the contract was open ended, this will continue it's run tomorrow, I don't think .10 is out of the question over the next few days...
Posted by BENJAMINS on :
Thank you schwabie ,.. and doling... Just remember guys,....we are all here to make money! In stock trading you cant make money alone unless ofcourse you're trading by yaself with yaself. Its my pleasure to help folks here make money....just like superman7 did for me a while back.
Lets hope for a money crazed wednesday!!! Greens baby!!!
Posted by juice on :
nice benz-amins real nice pick
Posted by invester on :
Wow, go read back through the PR's, this one has been a rocket waiting to take off. They have been setting up for this for a while now. Shell oil is now involved. This might be the best one yet. Well, CSHD was pretty darn good. This has the potential. Posted by jos_tul on :
What is the O/S on this ?
Posted by BENJAMINS on :
Also guys, keep your eyes on DYNK for the next few days..... one of my picks.. May be ready for a POP!!
Posted by doling2005 on :
oh man would I love to see us run like CSHD!
Posted by invester on :
NAEG Acquires Historic Shell Oil ``Discovery'' Well Tuesday September 19, 1:20 pm ET
FOREST HILLS, N.Y.--(BUSINESS WIRE)--Sept. 19, 2006--Native American Energy Group, Inc. (the "Company" or "NAEG") (OTC Pink Sheets: NVMG - News) is pleased to announce the acquisition of the Beery oil lease. The lease contains the Beery 42-24 which is a stepout from the N.P. No.1 that was initially drilled by Shell Oil. The N.P. No.1 was the wildcat strike that became Shell's "discovery" well for the eastern Montana part of their Williston Basin drilling program that commenced May 10, 1951, and actually marked the beginning of the boom. Other than historic value, NAEG's team of geologists had identified the Beery Well and the Richey Field, on which it is located, as strategically important acquisitions that will enhance the position of the Company, according to thorough data assessment and geological evaluation performed. The Company has agreed to reactivate the entire Richey Field. ADVERTISEMENT
The Richey Field was discovered by Shell Oil with completion of the Beery 42-24. Shell drilled a total of 12 wells in this field of which 10 wells were completed with flowing rates between 200 to 2600 barrels of oil per day. The Beery 42-24 was the best well in this field with an initial flow potential of 5,378 barrels of oil per day. By 1960, Shell Oil sold the field to independent operators due to problems dealing with the accumulation of paraffin. The operators attempted to deal with the paraffin problem by applying hot oiling methods to demulsify the wax. Such methods used to provide very high production for short periods of time and then plugged up the production again. The operators were lucky to keep these wells pumping a fourth of the time with increased workover rig operations, hot oiling, equipment repairs and heavy expenses. The operators finally abandoned the field in 1995.
NAEG's proprietary, enhanced recovery technology has been very successful with paraffin. The last two wells completed in August had similar paraffin problems. After the treatment, the paraffin was cleared up and the there was a 1200% increase in production on the first well and 1500% on the second well. The Company plans to enhance and reactivate these wells using the same treatment.
Posted by juice on :
Outstanding Shares: 203,700 as of 2006-09-19 that makes no sense lol
Posted by invester on :
So they abandoned it in 1995 when crude was $8 a barrel. And now that its $70, the 2600 barrels per day sound pretty tempting. So we could be looking at $182,000 per day? That’s $66,000,000 a year on just this one well? Am I reading this right? Man am I glad I bought this one.
Posted by juice on :
nevermind got it... Current Capital Change: shs increased by 20 for 1 split Ex-Date: 2006-09-19 Record Date: 2006-09-07 Pay Date: 2006-09-18
Posted by juice on :
yeah investor im with you the numbers are crazy. i jumped in because i was itching all day but i usually stay away when things are blasting off. this could be it
Posted by invester on :
quote:Originally posted by juice: nevermind got it... Current Capital Change: shs increased by 20 for 1 split Ex-Date: 2006-09-19 Record Date: 2006-09-07 Pay Date: 2006-09-18
Wait, so there are only 4m outstanding? I thought there were 200 or so.
Posted by juice on :
that would make the O/S ~ 4074000 correct? or am i wayyy way off.?
Posted by stnkng1 on :
i dont no about .06 tommorrow but i do think within the next few weeks does anyone think it will go higher.
Posted by invester on :
AAAHHHHHHH!!!!!!! This is a crazy find!!!!! What a great stock!!!!! I have never seen anything this undervalued. Couple that with friggen SHELL OIL, gentleman we have a winner!!!!
Posted by invester on :
quote:Originally posted by stnkng1: i dont no about .06 tommorrow but i do think within the next few weeks does anyone think it will go higher.
You’re joking right? Look at the valuations here. I'm astounded.
Posted by skip on :
quote:Originally posted by juice: yeah investor im with you the numbers are crazy. i jumped in because i was itching all day but i usually stay away when things are blasting off. this could be it
that's too funny, I was waiting to pull the trigger 3 different times, then finally did when I saw it take off at EOD.
juice, are we following each other? damn dude, our portfolios gotta look pretty similar! I feel like we are on all the same threads...maybe that's because we are brilliant traders, no? Posted by jos_tul on :
Got in around .02 for a few 100ks ... planning to buy 1/2 mill tomorrow
Posted by jos_tul on :
This stock is awesome...
Posted by: Vortx In reply to: None Date:10/3/2006 2:59:04 PM Post #of 64
Pink sheet Float Info :
NVMG -- Native American Energy Group, Inc. Com ($0.001)
Search for Dun & Bradstreet reports on this company.
Address: 72-11 Austin St. #288 Forest Hills, NY 11375 USA
Business Description: Oil & Gas Exploration & Development. Native American Energy Group specializes in renewable and non-renewable energy production on Native American Land. Our primary business is the development of previously capped and shut-in oil and gas wells in Indian Country that have proven reserves.
Primary State of Incorporation: Nevada
Country of Incorporation: USA
Officers: Joseph D'Arrigo, President
Outstanding Shares: 203,700 as of 2006-09-19
Estimated Market Cap: 1,222 as of 2006-10-02 (based on Outstanding Shares as of 2006-09-19)
Current Capital Change: shs increased by 20 for 1 split Ex-Date: 2006-09-19 Record Date: 2006-09-07 Pay Date: 2006-09-18
Dividends:
Company Notes: Formerly=Halstead Energy Corp. until 2-05
Class Notes: Capital Change=shs decreased by 1 for 2 split. Pay date=10-16-98 Capital Change=shs decreased by 1 for 200 split. Pay date=02/07/2005.
Transfer Agent: Interwest Transfer Co., Inc., Salt Lake City, UT 84117
Posted by invester on :
Can someone get an accurate O/S? If it is 200m, this is a definite $1 runner. If it is 4m, I can't even imagine. Posted by invester on :
So there are 4million out? You can't be serious. This literally could be over $1 in the blink of an eye.
Posted by jos_tul on :
Few people from Ihub have called their broker...will post here as soon as I get info
Posted by invester on :
This is pay dirt!!!!
Posted by juice on :
quote:Originally posted by skip:
quote:Originally posted by juice: yeah investor im with you the numbers are crazy. i jumped in because i was itching all day but i usually stay away when things are blasting off. this could be it
that's too funny, I was waiting to pull the trigger 3 different times, then finally did when I saw it take off at EOD.
juice, are we following each other? damn dude, our portfolios gotta look pretty similar! I feel like we are on all the same threads...maybe that's because we are brilliant traders, no?
haha exactly (on the brilliant part) im gettin really excited about this pick man woah, glad i finally pulled the trigger. glad your in too. lets see what this puppy has in store tomorrow baby!!
Posted by jos_tul on :
Native American Energy Interviewed on WallSt.net
Chief Officers Discuss Current Operations and What to Look for From the Company in the Coming Months
FOREST HILLS, N.Y., Feb. 13 /PRNewswire-FirstCall/ -- Native American Energy Group, Inc. (NAEG) (OTC PINK SHEETS: NVMG), an emerging oil and gas production company that has a portfolio of historically producing oil & gas wells containing ample proven reserves announced today that Joseph D'Arrigo, President and CEO of Native American Energy Group, Inc. and Raj Nanvaan, CFO recently granted Wall Street Network an exclusive audio interview profiling the company. Interview highlights include discussions on the following topics:
* overview of current operations on the Fort Peck Reservation * timeline for production and expansion onto other reservations * key company executives and backgrounds * financial position and timeline for achieving cash flow, self- sufficiency, and employment opportunities for Native Americans * upcoming strategic and financial milestones
To hear the interview in its entirety, visit http://www.wallst.net and click on "Interviews/Podcasts" on the homepage. Username registration is free. Theinterview can either be accessed by locating the company by name (Native American Energy Group, Inc.) under the appropriate exchange on the left-hand column of the "Interviews/Podcasts" section of the website, or by entering the company's ticker symbol (NVMG) in the Search Archive window. For more information, please visit us at http://www.nativeamericanenergy.com
Safe Harbor Statement: This News Release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities & Exchange Act of 1934, as amended, with respect to corporate objectives, projections, estimates, operations, acquisition and development of various interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.
Posted by juice on :
quote:Originally posted by invester: So there are 4million out? You can't be serious. This literally could be over $1 in the blink of an eye.
i think its got to be more, but im confused, pinksheets say 4M up until a few weeks ago. unless its a miss print??? how did this only get to .025 then? lol
Posted by invester on :
THE STORY IS ONLY GETTING BETTER!!!!! I PULLED THIS FROM THERE WEBSITE!!!!!
In addition to acquiring previously shut-in and abandoned wells, our company has aggressively acquired a significant amount of acreage over the Bakken Formation in the Williston Basin which the Oil & Gas industry is now calling the largest oil find in the continential U.S in the last 50 years. For more information on this formation, kindly visit the Wall Street Journal article at the following link: Wall Street Journal - Montana Oil Boom
Posted by skip on :
there was 41mil traded today, so I can't see the O/S or float being that low, but who knows.
someone could call the transfer agent, if I get home early enough I will, maybe an east coaster can try? They are in salt lake city, so 2 hours earlier than you folks...
Posted by invester on :
quote:Originally posted by invester: THE STORY IS ONLY GETTING BETTER!!!!! I PULLED THIS FROM THERE WEBSITE!!!!!
In addition to acquiring previously shut-in and abandoned wells, our company has aggressively acquired a significant amount of acreage over the Bakken Formation in the Williston Basin which the Oil & Gas industry is now calling the largest oil find in the continential U.S in the last 50 years. For more information on this formation, kindly visit the Wall Street Journal article at the following link: Wall Street Journal - Montana Oil Boom
I am absolutly speechless here.
Posted by stnkng1 on :
think this will run all week or is tommorrow it. im asking because im gonna try to buy more in the morning at.025 or .026 and i wont be around a computer all day. i do predicted .06 for my target but i am not usually away from a computer so what do you all think
Posted by juice on :
quote:Originally posted by skip: there was 41mil traded today, so I can't see the O/S or float being that low, but who knows.
someone could call the transfer agent, if I get home early enough I will, maybe an east coaster can try? They are in salt lake city, so 2 hours earlier than you folks...
called nobody answering. ill try once more before i leave work... interwest transfer company Phone: (801)272-9294
Posted by jos_tul on :
There are total 10-12 wells out there in that area. These looked like Shell sold to independent contractors due to parafin problems...
NVMG has tech stuff which cleared this and BOOOOM...Shell comes back to strike a deal with them
Each well does 200-2500 BBD.
Lets say on an average
700 BBD * 10 * 70 = 490000 per day
490000 * 30 days * 12 months = 176,400,000
Lets say Float is
4m per pink sheet info
Lets say we take 200 m then
pps = .882 per share
And still more wells in hand...and Shell contract already ... My head is spinning...Unless Iam way off the float....May be many people does not know about this yet...
Posted by J_U_ICE on :
quote:Originally posted by invester:
quote:Originally posted by invester: THE STORY IS ONLY GETTING BETTER!!!!! I PULLED THIS FROM THERE WEBSITE!!!!!
In addition to acquiring previously shut-in and abandoned wells, our company has aggressively acquired a significant amount of acreage over the Bakken Formation in the Williston Basin which the Oil & Gas industry is now calling the largest oil find in the continential U.S in the last 50 years. For more information on this formation, kindly visit the Wall Street Journal article at the following link: Wall Street Journal - Montana Oil Boom
I am absolutly speechless here.
DAMN was out most of the day so I missed the PR didn't get in until .018 wish I bought more
Posted by juice on :
I keep reading the old PR's and can't believe I missed this one...they were on CBS news last month!
======================== ========================
Wolf Pt Linked to Canadian Oil-Sands: Montana's Governor Proposes Oil Refinery in Heart of NAEG Operations Wednesday September 20, 10:03 am ET
FOREST HILLS, N.Y.--(BUSINESS WIRE)--Sept. 20, 2006--Native American Energy Group, Inc. (the "Company" or "NAEG") (OTC Pink Sheets: NVMG - News), a publicly traded, independent energy company operating out of Wolf Point on the Fort Peck Indian Reservation in Northeast Montana, reports today on some enthralling news from the Governor's office. The Schweitzer administration has named Wolf Point as one of seven Montana towns that might welcome an industrial-sized refinery for the purpose of processing crude oil from Canada's mega-field, oil sand development. Describing the administration's plan is an article entitled, "Governor gauging interest in new refineries," by The Gazette State Bureau that can be viewed at the following link: http://www.billingsgazette.net/articles/2006/09/08/news/state/30- refineries.txt ADVERTISEMENT
(Due to length, the URL above may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
To Native American Energy Group, Inc. that had set up its infrastructure on the Fort Peck Indian Reservation two years ago, the strategic direction taken by the state to increase industry and vitality with the addition of a new oil refinery at Wolf Point, an area that is already the trade center for Northeast Montana, can mean several things... greater energy development to the area in which the Company operates its energy business, evolving opportunity, along with an expanding local economy, provided that there is acceptance of the change, which is crucial. The Fort Peck Tribes play a large role in the decisions and the economy of Wolf Point.
The breadth, pace, and extent to which Montana will expand its electricity and oil & gas capacities are of primary interest to Dirs., Joseph D'Arrigo and Raj Nanvaan of the Native American Energy Group as co-founders of NAEG and currently CEO and CFO, respectively. In January of this year they met with several members of Governor Schweitzer's administration regarding the administration's energy plans, and they presented the Company's own energy-development agenda before the State Tribal Affairs Committee at a televised meeting of the State/Tribal Relations Interim Legislative Committee. NAEG is committed to strengthening Native American communities in tune with their own goals and needs by (1) maximizing oil & gas production on tribal lands through enhanced oil recovery techniques; and (2) by the implementation of renewable-energy resource solutions; (3) by building energy-efficient, affordable housing; and (4) by offering education, training & jobs to qualified individuals from among the reservations.
NAEG acknowledges with gratitude CBS NEWS for its live coverage of the event and for carrying the following NAEG feature story to its viewers. Interested parties can view the CBS News clip at the following link: http://www.nativeamericanenergy.com/naegcbsnews.zip
(This link is a ZIP file where you can download the file, unzip it using WinZip or WinRAR (go to download.com to download the software), save it and then open the media file with the appropriate software you wish to use to open the file.)
CEO Joseph D'Arrigo stated, "I've truly benefited from the discussions that took place earlier this year regarding the administration's long-term economic and energy policy, and our own. I am sure NAEG can be considered a valued partner to these energy-development initiatives of the Governor and his administration that are aimed at bring prosperity to the various areas in which we operate. While NAEG's success is not contingent upon the addition of a refinery, in and of itself, the implication is more so a case of our Company being part of the evolving opportunities that arise here, and that we are helping to bring about as a company to this area, and to the tribal communities and, of course, this includes receiving our due of recognition for same. We have worked hard to achieve a strong presence in Fort Peck, while exhibiting steady growth by doing what we said we would do. I am reminded of George Bush, Sr. who was up through here gathering oil & natural gas leases when he was younger than I am. The NAEG team has also been knocking on the doors of landowners just as George was, but we are still at it going on six years now, so it good to see that everyone is rowing in the same direction. The Schweitzer administration's push for energy development, overall, including renewable energy resource solutions in Eastern Montana is confirmatory of NAEG's business model, and can certainly only impact the Company in very positive ways going forward. Finally, we thank Governor Schweitzer for his strong leadership role. It is my belief that he will be responsible for having put Montana on track to becoming one of the richest states in America."
Safe Harbor Statement: This News Release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities & Exchange Act of 1934, as amended, with respect to corporate objectives, projections, estimates, operations, acquisition and development of various interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.
Contact: Native American Energy Group, Inc. Richard Ross, 1-800-780-8076 ir*nativeamericanenergy.com http://www.nativeamericanenergy.com Posted by jos_tul on :
Native American Energy Group, Inc. (the "Company" or "NAEG") (OTC Pink Sheets: NVMG - News) is a publicly traded, independent energy company that, in Aug 2006, announced its initial oil and natural gas production on the Fort Peck Indian Reservation in northeast Montana. The Company announced today that prevailing international, state and local trends favor a more robust energy and economic environment in Montana, especially in the Northeast quadrant, and this, it says is helping to maximize economic development opportunities for NAEG already. Specifically, the proposed NAFTA "Superhighway" or "International Mid-Continent Trade and Transportation Corridor" as it has been called by the media that is to run through N.E. Montana and that is designed to connect Mexico, Canada, and the U.S. into one transportation system is being seen as a definite catalyst to the Company's growth. As proposed, it is to be a superhighway system four football-fields-wide, like a giant corridor, including high-speed freight rail lines, and pipelines for oil & natural gas laid alongside, running north from Mexico, through the heart of the U.S., passing into and through northeastern Montana and up into Canada that is sure to change the economic landscape wherever it touches. The corridor is said to be necessary to accommodate projected population and trade growth and that it will be beneficial to the economies of the U.S., Mexico and Canada.
Posted by jos_tul on :
NAFTA Super highway - Guess what - Going thro Montana.
Posted by stnkng1 on :
i dont no how any of us didnt buy along time ago. how did we miss it this really looks like it could actually pass .25 or even more in the next weeks maybe a month but i dont see it taking that long.
Posted by invester on :
I have no idea how I missed this. Truly speechless here.
Posted by The Phat Man on :
quote:Originally posted by invester: I have no idea how I missed this. Truly speechless here.
investor is obviously a robotic pumper
mods, please delete him in the interests of keeping this board and website legit
Posted by jos_tul on :
I disagree. Investor does DD very well. Loads of people profitted from WWEN. Well...Well...We already have a Basher here . I bet this goes up soon...Bashers show up were interest is high
Posted by invester on :
HuH? What do you mean. This is just a great find. I'll keep my DD to myself.
Posted by jos_tul on :
The Phat Man : This is NO Pump. Real hard facts. Prove us this is wrong
Posted by invester on :
And it's invester with an "ER". The "OR" was taken. LoL.
Posted by jos_tul on :
quote:Originally posted by invester: And it's invester with an "ER". The "OR" was taken. LoL.
missed the Er for Or..Pardon invester
Posted by The Phat Man on :
please jos... i'm no basher or pumper... look at my entire history of posts at allstocks and/or ask any old timers who've seen me around here for quite some time now. i'm in at .017 and in big. i just can't stand it when one person posts like 2 to 4 time a page with nothing more to add (other than a bunch of exclamation points to the end of their sentences) than what the person said only one post earlier. that's all. jmho.
Posted by matto on :
I have been in for awhile! I am so happy its done alittle good for me! good luck everyone!
Posted by invester on :
Posted by invester on :
Don't get mad because you'll be wearing running shoes tomorrow FATMAN.
Posted by stnkng1 on :
think there is .25 in the future
opinions more or less just opinions please
Posted by jos_tul on :
Native American Energy Group, Inc. (Pink Sheets: NVMG) is pleased to announce the approval of their Oil & Gas Blanket Bond by the Board of Oil & Gas Conservation at the Montana Department of Natural Resources. The Blanket Bond is a multi-well bond secured by the US Specialty Insurance Co. "With this bond, explains Founder & CFO Raj Nanvaan, the company is now allowed to drill and/or acquire an unlimited amount of wells for oil, gas or stratigraphic purposes in and upon all land situated within the State of Montana. Blanket Bond with the State of Montana combined with the previously approved Nationwide Oil & Gas Bond approved by the U.S. Department of Interior allows Native American Energy Group to acquire, operate and produce oil & gas on both the tribal and non-tribal lands in the State of Montana."
Posted by jos_tul on :
quote:Originally posted by stnkng1: think there is .25 in the future
opinions more or less just opinions please
The future is near Posted by stnkng1 on :
thanks jos but for real do you think this stock is worth pps to be worth .25 do you think it will get that high
Posted by jos_tul on :
Give it few days...The one major thing pending in all of our DD is the A/S, O/S and the Float.
Once that gets confirmed and if it is 200m, this is gonna crazy...We have a money making machine stock here... Imagine with a P/E ratio of 10 this is as of now, Way...undervalued... Check the forward split they did recently... Nice +ve outlook from the company...Good for us shareholders...
Posted by jos_tul on :
Posted by jos_tul on :
The above chart was without Shell deal and when they were clearing parafin I guess from those 10-12 wells which Shell abandoned for which they stumbled back to grab a deal. 200-2500 BBD over 10-12 wells with 1 well over 5000+BBD per my DD. This is a Monster.
Posted by juice on :
Talked to the Company. Asked for latest Share structure. They said they are going to call back ...gave them my number. If they get back to me...Will update the board. GLTA
Posted by skip on :
thanks jos and juice for the efforts on getting the share structure...much appeciated...
Posted by invester on :
About Native American Energy Group, (OTC Pink Sheets: NVMG - News)
Native American Energy Group (NAEG) is a publicly traded, independent energy company that has established its infrastructure and operations on the Fort Peck Indian Reservation in N.E. Montana. NAEG is currently enhancing and reactivating many of the abandoned and previously shut-in oil & gas wells on the Fort Peck Nation from the Company's portfolio of historically producing wells, in a process that can be duplicated across the state or the country. The NAEG business model also encompasses future expansion into the exploration and development of new properties which shall include new drilling programs and additional oil & gas recovery programs in other areas, such as the very prolific Bakken Formation on which NAEG has also acquired several leases. The U.S Energy Department has called the Bakken Formation the highest-producing onshore field found in the lower 48 states in the past 56 years.
Posted by juice on :
ok just talked to melinda orth at interwest transfer. they are NOT the transfer agent anymore. she said their company still does transfers for halstead Energy but thats all they have done. (halstead is the former name of native) Apparently she has been getting calls today and is frustrated saying that Halstead declared bankrupcy in 2000 and they must have switched transfer agents because she hasn't heard of any updates since a few years ago?? lol dead end....
Posted by jos_tul on :
More DD =======
SIDNEY, Mont. -- In the mid-1990s, major oil-exploration companies like Royal Dutch Shell PLC, Gulf Oil Co. and Texaco Co. were shutting down operations here on the remote high plains, abandoning hundreds of nonproducing wells and letting their leases to mineral rights lapse. Federal and state agencies tracking exploration also considered the region a bust. "I thought my job was going to be turning out the lights," says Jim Halvorson, geologist for Montana's Board of Oil and Gas Conservation. In 2000, his office predicted oil production would rapidly decline toward zero. But Richard L. Findley, a graying geologist and "wildcat" producer, thought they were all wrong. He bought up leases on the cheap and helped spark a surprising boom in one of the most heavily explored oil regions in the country. Mr. Findley discovered a new field that is now producing 48,000 barrels a day of highquality crude oil from more than 300 wells. While oil companies have discovered bigger fields in Alaska and the Gulf of Mexico, this sizeable find is now the highest-producing onshore field found in the lower 48 states in the past 56 years, according to the U.S. Energy Department. The high price of oil, coupled with the call to reduce U.S. dependence on foreign oil, has sparked debate among policy makers, executives and entrepreneurs about just how much untapped oil is still out there in the continental U.S., where it is, and how to get it. Hurricane damage last summer to vast U.S. oil operations in the Gulf of Mexico heightened interest in onshore fields. For several years now, major oil companies have taken the approach that there are no more large fields left to find under American soil. U.S. oil production has dropped from 9.2 million barrels a day in 1973 to about 5.4 million barrels today, and the country now imports 60% of its oil. David F. Morehouse, senior geologist with the U.S. Department of Energy's Energy Information Administration, contends there is more new oil to be found in the continental U.S. Finding it, he says, will "depend on people doing the data analysis and, quite frankly, people going in and drilling enough in the right places." 2 Mr. Findley, who is 54 years old, did just that. Now production in this part of eastern Montana is growing, and new investors are arriving to explore the potential. At least one midsized firm, Marathon Oil Co., has begun buying leases. Halliburton Co., the big Houston-based oil-services company, has invested with Mr. Findley. The state says the proven oil find in the area will likely be in the range of 150 million barrels, hardly what oil-patch hands call an "elephant," but nevertheless boosting the nation's proven oil reserves by about 1%. Some oil folks think there's even more around here. Drillers are finding evidence of a similarly sized field in western North Dakota. Geologists say both fields are part of a 200,000-square-mile formation known as the "Bakken," which lies under parts of Montana, the Dakotas and Canada. No one yet knows how much oil can be extracted from it, but some estimates are sky-high. One federal geochemist who analyzed the formation estimated it contains 400 billion barrels of oil, while a North Dakota state geologist said 200 billion. If even the lower estimate is true, and if 10% can be recovered -- a conservative rule of thumb used by geologists -- the Bakken could eclipse Alaska's Prudhoe Bay as the largest recent U.S. oil find. Staying Away Thus far, the lofty predictions remain unproven, and skeptics remain. Most of the biggest oil companies are staying away. "Nobody has a good solid fix on this yet," notes Mr. Morehouse, who says it will take more drilling to determine the true extent of the Bakken. While many people associate big oil finds with big companies, over the years about 80% of the oil found in the U.S. has been brought in by wildcatters such as Mr. Findley, says Larry Nation, spokesman for the American Association of Petroleum Geologists. Wildcatters search for oil, nail down drilling rights, then seek money from banks or bigger companies to extract it. Mr. Findley grew up in Corpus Christi, Texas, the son of an accountant for a chain of grocery stores. A brother-in-law, a geologist, hired him as a field assistant to hunt for oil in west Texas. "I just fell in love with geology," he recalls. He graduated from Texas A&M University in 1975 and got a job as a geologist with Tenneco Oil Co. In 1983 he left to found his own Montana-based consulting and exploration company, a one-man operation. Three years later, world oil prices crashed, and fluctuating prices dogged Mr. Findley as he tried to stay in the business. In the 1990s, the majors left the area in the belief that it was played out. Mr. Findley felt there was more oil to be found and began putting together small exploration deals. 3 His income had dropped by more than half to $45,000 a year, and he wasn't sure how much longer that would last. "Many times, my wife and I sat down at the kitchen table and said, 'What are we going to do next?' We always came to the same conclusion. [Geology] is what I know. This is what I love. So we just kept going." Mr. Findley decided to scrutinize the Bakken formation, which consists of a thin layer of silt and broken rock sandwiched between two layers of oil-bearing shale. The majors had assumed that oil could be extracted from the shale, but after finding only modest amounts, they gave up. Mr. Findley was interested in the middle layer they had ignored. The majors had figured this rocky layer was so tightly packed that whatever oil resided there could not be extracted economically. So they drilled right through it. Reviewing old drilling records, Mr. Findley concluded the "middle member" held an underground sea of high quality crude at least 50 miles long and 12 miles wide, which could be tapped using a different extraction technique. With help from a real-estate agent named Bob Robinson, Mr. Findley quietly began buying drilling rights for thousands of acres. Mr. Findley figured that by drilling down the old holes and then injecting water and sand to make the rock layer more porous -- a process called "fracking," or fracturing -- the trapped oil would be released. But the job was too big for his tiny company, which normally explored fields of 300 acres or less. This job involved at least 300 square miles. Mr. Findley put together a partnership with Bobby B. Lyle, who heads Lyco Energy Corp., a small Dallas-based oil-exploration company. In exchange for financing and drilling expertise, Lyco received a 75% stake. Mr. Lyle says his company was so taken with Mr. Findley's theory that "none of us had thought much about what to do if it didn't work." It didn't work. After drilling down 10 old "dry holes," Lyco found that the process was releasing oil, but not enough to justify the new drilling. In 1997, when oil dropped to $8 a barrel, the partners stopped drilling. 4 "We concluded that we were sitting on a lot of oil," says Mr. Lyle, but that conventional vertical wells couldn't handle the job. "The question was: How do you extract it commercially?" He approached Halliburton, which had expertise in a relatively new drilling technique called horizontal drilling. Using computer-controlled rigs and motorized, directional drill bits, Halliburton could drill 10,000 feet down, then maneuver the bit to work horizontally. Messrs. Findley and Lyle figured the process would allow a much bigger fracking operation. Halliburton decided to take a stake, which none of the partners will quantify. Cash from the Halliburton deal allowed Lyco to buy drilling rights to more than 100,000 acres. In May 2000, drillers bored a 10,000-foot vertical well called Burning Tree State 36-2H. That May 26, a fleet of trucks carrying water, sand and diesel engines for fracking clustered around the drilling rig. Technicians, watching their laptops, turned the drill horizontally and waited for it to move across the rocky layer. After several hours, one of them flipped a switch and the oil began flowing up the pipe. "We watched that well from April to December just to be sure this wasn't a fluke," recalls Mr. Lyle, an engineer and former dean of Southern Methodist University's business school. Meanwhile, he was working out plans with Halliburton to drill more horizontal wells and to buy more drilling rights. They weren't the only ones watching. Engineers from Headington Oil Co. LP, another small Dallas-based drilling company working in the area, had hired college students to count the tank trucks hauling oil from the well. Headington, which had arrived in Sidney in 1997, was also pondering records of the supposedly dry holes drilled by the majors. But Headington was drilling into a less productive field than Lyco's, and had had relatively little success. When the big Lyco tanker-truck counts came in, Headington began buying more leases. New oil production in the region "had been dead for so long that we were able to keep prices very reasonable," recalls Gary Polasek, a Headington geologist and technical manager. Under Montana law, six months after the Burning Tree well began producing, Lyco had to disclose its methods to the state, which caused further scrambling at Headington. "When their first well came in, we felt we could improve upon it," says Mr. Polasek. His company hired Schlumberger Ltd., Halliburton's major rival, to work out a way to tap the Bakken using horizontal drilling and fracking. There are currently 225 rigs drilling for oil in North America, according to industry records. Twenty are drilling in the Sidney area and more are coming. Montana records show 13 oil companies drilling in the Bakken. "They're drilling [wells] as fast as 20 rigs can drill. We'll probably get 150 new wells a year at this rate, and there are very, very few dry holes," says Tom Richmond, administrator for Montana's Board of Oil and Gas Conservation. 5 What's unusual about this boom, says Mr. Richmond, is that small companies like Headington and Lyco have most of the key acreage tied up in leases. "There's not a lot of room for other people to get involved," he says. Still, "there are others trying to buy around the edges in hopes the play will get bigger yet." A 1999 study by Leigh C. Price, a highly regarded geochemist who worked for the Denver office of the United States Geological Survey, suggests that it might. Mr. Price examined 107 old wells in North Dakota and found evidence of unextracted oil in the broken-rock layer of all of them. He estimated that there were 413 billion barrels of highquality crude to be found between the two layers of shale -- right where Mr. Findley found it. But the study by Mr. Price, who died in 2002, was never published. Julie LeFever, a geologist for the North Dakota Geological Survey, reviewed the same material used by Mr. Price. Taking a more conservative forecasting approach, she estimates the Bakken has 200 billion barrels. Untapped Potential Some bigger oil companies are hearing the message. "This entire region of the Rockies holds untapped potential that can contribute much needed supplies to help meet U.S. demand," says Marathon spokesman Paul Weeditz, though he won't elaborate on the company's plans for its recent Bakken lease purchases. In August, Enerplus Resources Fund, a large Canadian investor in oil and gas properties, bought Lyco and set plans for investing in new wells in the Bakken. Halliburton retains its stake in the venture. Shell, which left Sidney in the 1990s, says it is not coming back. "In the 1990s, Shell exited many onshore properties in order to dedicate resources to the exploration and development of the deepwater Gulf of Mexico," says a spokeswoman, Kelly op de Weegh. Since then, she says, Shell has resumed some onshore exploration, but is only looking for natural gas. Mr. Findley and his wife, Lynn, still have long discussions over the kitchen table, but they're no longer about the survival of his tiny Billings company, Prospector Oil Inc. They're about remodeling their house, which they bought in 1978. That's about the only sign his neighbors will see that he has become a wealthy man. The rest goes into the bank, he says. "I'm going to build an estate for my family that will last for a long time to come."
Posted by juice on :
ok just talked to melinda orth at interwest transfer. they are NOT the transfer agent anymore. she said their company still does transfers for halstead Energy but thats all they have done. (halstead is the former name of native) Apparently she has been getting calls today and is frustrated saying that Halstead declared bankrupcy in 2000 and they must have switched transfer agents because she hasn't heard of any updates since a few years ago?? lol dead end....
Posted by jos_tul on :
Lets see if somebody calls me from the company as they said
Posted by invester on :
This is exciting news here. NO PUMPING FATMAN LoL.
A 1999 study by Leigh C. Price, a highly regarded geochemist who worked for the Denver office of the United States Geological Survey, suggests that it might. Mr. Price examined 107 old wells in North Dakota and found evidence of unextracted oil in the broken-rock layer of all of them. He estimated that there were 413 billion barrels of highquality crude to be found between the two layers of shale -- right where Mr. Findley found it. But the study by Mr. Price, who died in 2002, was never published. Julie LeFever, a geologist for the North Dakota Geological Survey, reviewed the same material used by Mr. Price. Taking a more conservative forecasting approach, she estimates the Bakken has 200 billion barrels. Untapped Potential
Posted by Hannibull on :
crap I missed this one, do you think it'll be buyable tomorrow morning or will it retrace (after a 300% gain in one day) TIA
Posted by skip on :
This seems pretty big to me, I think the market is just now realizing the value of this company. A lot of traders missed it today too, and a lot of folks don't see the news until after work, so I think tomorrow will be good.
This deal with Shell is enough to keep them going for a while, and it seems like they have a lot of other things going on as well. Hopefully others see the PR and then start digging for DD. Once I did, I liked what I saw. This could be a good one. Now we just gotta get the updated share structure...
Posted by invester on :
Just keeps getting better the more in-depth you go.
Native American Energy Signs Term Sheet for $3 Million with Institutional Investor Sep 19, 2005 | 378 words, 0 images
FOREST HILLS, N.Y., Sep. 19 -- Native American Energy Group, Inc. (NAEG) ( Pink Sheets = NVMG ) today announced the signing of a $3 Million funding commitment with a New York based investment group. NAEG will now execute the Enhanced Oil Recovery (EOR) process on 15 to 20 identified wells, which have been qualified by their Exploration Division for Phase 2 of operations. Since January 2005, the Company has identified over 200 shut-in oil & gas wells suitable for Enhanced Recovery. "We strongly believe these wells can and will be brought back to their original production levels through our enhanced recovery capabilities and will establish a 10 to 20 year cash flow for the company as well as the tribes," said Joseph D'Arrigo, President & Chief Executive Officer. "We have been contacted by various tribes interested in having NAEG mirror our mineral & economic development plan on their reservations. We look forward to replicating our operation onto their reservations as the company moves forward," says Raj S. Nanvan, Chief Financial Officer. Native American Energy Group (NAEG) specializes in acquiring
Posted by invester on :
FOREST HILLS, N.Y., April 10 -- Native American Energy Group, Inc. (NAEG) (OTC-PINK = NVMG) (Pink Sheets = NVMG) , an oil and gas exploration and development company that has to date amassed a handsome portfolio of historically producing wells in N.E. Montana, today announced particular satisfaction at some of the recent, tremendous, local oilfield developments located in the Williston Basin's Bakken Formation where NAEG owns several leases as well. An April 5, 2006 front page article in the Wall Street Journal entitled, "Wildcat Producer Sparks Oil Boom On Montana Plains" points out that a new field has come in with extremely high production for this area, and some amazing reserve numbers have been estimated, from hundreds of millions of barrels of oil to as high as the billions for the entire formation. The Company would like to direct everyone to read this most enlightening article. Raj Nanvaan, CFO stated, "At NAEG, we like to think of ourselves as a company that knows where it is and how to get it, and of course the Williston Basin is an area in which we already own several leases here in Northeastern Montana. In addition to which, we have more lease acquisitions
Posted by Schwabie on :
FOREST HILLS, N.Y., April 10 -- Native American Energy Group, Inc. (NAEG) (OTC-PINK = NVMG) (Pink Sheets = NVMG) , an oil and gas exploration and development company that has to date amassed a handsome portfolio of historically producing wells in N.E. Montana, today announced particular satisfaction at some of the recent, tremendous, local oilfield developments located in the Williston Basin's Bakken Formation where NAEG owns several leases as well. An April 5, 2006 front page article in the Wall Street Journal entitled, "Wildcat Producer Sparks Oil Boom On Montana Plains" points out that a new field has come in with extremely high production for this area, and some amazing reserve numbers have been estimated, from hundreds of millions of barrels of oil to as high as the billions for the entire formation. The Company would like to direct everyone to read this most enlightening article. Raj Nanvaan, CFO stated, "At NAEG, we like to think of ourselves as a company that knows where it is and how to get it, and of course the Williston Basin is an area in which we already own several leases here in Northeastern Montana. In addition to which, we have more lease acquisitions
INVESTER THAT IS INCORRECT..
Formation Apr 10, 2006 | 486 words, 0 images
I COUNTED 487 WORDS
Posted by jos_tul on :
Just got back home. Found this recent CBS coverage.
Good lord what have we found.
Posted by before_the_crowd on :
Invester, Benjamin, Juice, Skip, Matto ..and everbody else here..If we decide together not to let these MM's manipulate and take our shares from us. We will have a run beyond 0.10 cents soon. If u remember they did the same thing with CSHD..Had a big run up and then tried to get our shares by bringing it down and then.....BOOM.
Be smart and keep ur shares..!!
Posted by jos_tul on :
quote:Originally posted by before_the_crowd: Invester, Benjamin, Juice, Skip, Matto ..and everbody else here..If we decide together not to let these MM's manipulate and take our shares from us. We will have a run beyond 0.10 cents soon. If u remember they did the same thing with CSHD..Had a big run up and then tried to get our shares by bringing it down and then.....BOOM.
Be smart and keep ur shares..!!
Tomorrow 1/2 - 1 mil buys ...for sure - buy at a puppy stage instead of big monster stage
Posted by Wit on :
quote:Originally posted by jos_tul: Just got back home. Found this recent CBS coverage.
I can't access this for some reason. Is there another link, or text?
jos, it should open as a zip file into your download folder or onto your desktop in possible a quicktime .mov format
also, don't know if this has been posted yet cuz there's a lot going on DD-wise in the first 7 pages of this thread but here's something pretty cool:
U.S. Department of Interior and Bureau of Indian Affairs Approve Nationwide Oil & Gas Bond FOREST HILLS, N.Y., PRNewswire-FirstCall/ -- Native American Energy Group, Inc. (NAEG) (Pink Sheets: NVMG) announced the approval of its Nationwide Oil & Gas Bond by the United States Department of Interior (U.S. DOI) and the Bureau of Indian Affairs (BIA). Being bonded with the U.S. DOI, Native American Energy Group is now authorized to acquire, operate, develop and produce oil and gas on all 562 federally recognized tribal reservations throughout the United States. Since January 2005, the Company has identified some 200 shut-in oil & gas wells located on the Fort Peck, Fort Belknap & the Rocky Boy Reservations in Montana. With the excellent rapport the Company has established with their tribal councils, directors, and geologists, coupled with the available Montana Oil and Gas Conservation data, we strongly believe these wells can and will be brought back to their original production levels through our Enhanced Oil Recovery (EOR) capabilities. This will establish a quick and strong 10 to 20 year cash flow for the Company. This can also provide unsolicited capital for continued exploration for new production of oil and gas. According to the Oil and Gas Journal, the United States had 21.9 billion barrels of proven oil reserves as of January 1, 2005; eleventh highest in the world. The U.S Department of Interior said forty Indian reservations own a large percentage of U.S Oil & Gas reserves. They represent the largest mineral owners in the country outside the federal government. Over the past five years, Native American Energy has carefully and methodically structured its corporate infrastructure to address the needs and desires of these American Indian Nations by the addition of professional oil and gas managers who are enrolled members of tribes. Five years of extensive research and inquiries has provided sufficient data to encourage NAEG to now step forward and begin development through land lease acquisitions of favorable geologic locations where seismic data are available and where geologic studies has provided sound justification to explore. That, coupled with hundreds of shut-in wells that have produced and an extreme confidence with the Tribal Council's encouragement, has given the Company a comfort zone that they feel will develop into a major Independent Oil and Gas Company that will maximize shareholders investment returns. Native American Energy has familiarized themselves with the various tribes, their cultures, organizational structure and protocol. Known to the Native American community as "The People's Company," NAEG and its founders have been recognized by key tribal members for their dedication and commitment to better the economic conditions of such tribes by developing the energy resources on their reservations. A motivational bi-product is the increase in employment opportunities. Our engineers and geologists have developed educational and training programs which will allow tribal members to learn a trade in the energy industry and help develop the infrastructure of their Indian reservations. For more information, visit http://www.nativeamericanenergy.com. Posted by before_the_crowd on :
They Met the Governer of Montana and State Tribal Affair committee in Jan. I dont think if this company was not shooting for real...they would do that. And Also a Fraud company would never mess with Tribal people cause they would be prosecuted to the LIMIT!! U know what I mean
NAEG to Meet With Governor Brian Schweitzer and Montana State Tribal Committee -- Native American Energy Group, Inc. ("NAEG" or the "Company") (OTC Pink Sheets: NVMG) is pleased to announce that the company's founders Joseph D'Arrigo and Raj Nanvaan are meeting with Governor Brian Schweitzer and the State Tribal Affairs Com...
United States (MediaPR - NewsWire) January 16, 2006 - -- Native American Energy Group, Inc. ("NAEG" or the "Company") (OTC Pink Sheets: NVMG) is pleased to announce that the company's founders Joseph D'Arrigo and Raj Nanvaan are meeting with Governor Brian Schweitzer and the State Tribal Affairs Committee on January 23rd in Helena, Montana. Proposed at this meeting at the state's capital is to discuss the region's economic and energy future, and NAEG's role in meeting the Governor's initiatives concerning alternative energy development and his energy policy.
This is just another component at the state and local level that complements NAEG's accomplishments on the Federal level with respect to the Company's business. Monday's meeting with his Honor, Governor Schweitzer, is yet another step forward in the implementation of the Company's business plan consummated with the approval of the Nationwide Oil & Gas Bond by the U.S. Dept of Interior & Bureau of Indian Affairs on August 4th 2005, as well as, the State Multi-Well Blanket Bond by the Montana Board of Oil & Gas Conservation on September 26th 2005.
"Our overriding concern with respect to NAEG's business plan has been to provide Montana's Native American tribes and nations a basis for an immediate and lasting economic viability, and both short-term and long-term stability to those Native American communities. Further, our funding resources of which there are several will be decided with our goals in mind. Preliminary discussions have both local and federal governments excited about the prospects of Native American Energy Group. The invitation by the Montana State Tribal Affairs Committee further exemplifies the anticipation of a successful future for NAEG, and is a culmination of five years of groundwork," stated Joseph D'Arrigo, Chief Executive Officer.
Safe Harbor Statement: "This News Release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities & Exchange Act of 1934, as amended, with respect to corporate objectives, projections, estimates, operations, acquisition and development of various interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein."
Source: Native American Energy Group, Inc.
CONTACT: Richard Ross, NAEG Director of Investor Relations, 1-800-780-8076
Posted by The Phat Man on :
Now, not having gone through all of the past posts, I don't know if anyone's done any math on this company's earning potential... But based upon what I've found so far, I think I'm ready to take a stab at it, and at least nobody can say I've been influenced by anyone else's hype. (or at least, they can say it, but I don't care).
Looks like they haven't started reporting production on the leases yet, and I don't know if that means they just haven't reported but have been producing, or what... but....
Assuming the news today was regarding production from lease #4094 In a good month, for instance, back in April 1991, when the Richey Field wells were producing under another groups guidance, they produced 220 barrels from the wells that month. Given that the past press releases showed that other wells gained 1200% to 1500% in production after they utilized their proprietary enhanced recovery technology, one might reasonably expect current production to be an average about 3200+ barrels/month (roughly 1350% improvement). At $65 a barrel, that's approx. $207,000 per month in gross revenue from those two wells, or ~$2.49M/year gross.
Assuming that the (COX 7-1) Poplar NW field Lease #2784 is also operating, with the same level of improvement in oilflow, you've got an good month average flow of about 450 barrels/month in 1991. With a 1350% improvement, that's about 6500 barrels/month. At $65 barrell, that's about ~$424,000/month gross, or ~$5.09M/year gross.
Consider also the MASON (7-16) well, lease #467, with a good month average of 200 barrels/month in 1991, with 1350% improvement is 2900 barrels/month, at $65/barrel is ~$189,000/month, or ~$2.26M/year gross.
So from the 4 wells, NAEG (NVMG) is looking at approx. $9.85M+ in gross revenue after 1 year in operation.
HOLY! I don't know what the operating costs are for this type of gig, but this company is about to start making some serious dough, if they haven't been doing it already. Money pouring in from Shell Trading now? What are we trading at today? .02? Laughable... It would seem to me that PPS could easily be $1. I'll leave the PE math up to someone more knowledgable on this board.
All I know is, this sucker ain't done running yet!
From PR: "NAEG's proprietary, enhanced recovery technology has been very successful with paraffin. The last two wells completed in August had similar paraffin problems. After the treatment, the paraffin was cleared up and the there was a 1200% increase in production on the first well and 1500% on the second well. The Company plans to enhance and reactivate these wells using the same treatment. "
Other oil companies in the area to compare to. Basic Earth Named Among 'Top 20 Fastest Growing' Companies by Oil & Gas Journal <http://www.einnews.com/montana/news.php?wid=98271685> BSIC.OB TRSI
Posted by before_the_crowd on :
This was the transcript
Read this ...I think company does not look bad!
NATIVE AMERICAN ENERGY (NAEG)Joseph D'Arrigo, President, CEO, Native American Energy Group (NAEG), said that NAEGspecializes in locating and revitalizing abandoned oil fields on and off tribal lands (EXHIBIT#10). Mr. D'Arrigo discussed the following:·the history of NAEG;·the mission of NAEG; ------------------------------------------------------------------------------- - Page 10 -10-·the use of alternative energy by NAEG and that a by-product of that use is increasedemployment and opportunities for tribal communities;·the importance of renewable energy in America;·data on oil and natural gas resources on tribal lands;·Bureau of Indian Affairs (BIA) data on tribal energy resource potential;·Unites States Department of Energy reports on oil and gas reserves on tribal lands;·energy problems facing the United States;·how NAEG assists communities in reviving their economies; and·how NAEG creates and values strong relationships with the tribes.Dennis Lambert, Senior Vice President, NAEG, emphasized that all reservations havesignificant energy development opportunities. He related several examples of wells that hadbeen abandoned by major oil companies that were revitalized by NAEG, to the economic benefitof the tribe that owned the well. He said it is a tenet of NAEG to work with American Indiantribes and that the finest experts in the industry have been sought out by NAEG.Tony Johnson, Director of Operations, NAEG, thanked the Committee for the opportunity topresent to the State-Tribal Relations Committee and said there are great opportunities availableto all of the tribes. He said that searching, developing, and maintaining oil and gas properties isa risky business but if risk analysis is integrated into the process, higher profits are achieved. This is a strong point of NAEG because it wants the same results as the tribe. NAEG is focusedon finding oil and gas investment properties that offer solid returns with the lowest amount ofrisk. NAEG experts' research revealed two types of properties that fit this criteria: shut-inproduction - leases that are not producing due to economics or the lack of technology; andplugged and abandoned - wells that have demonstrated very little or no sign of oil or gas. Inboth cases, there is a small percentage of wells that are approved for a re-work project. NAEGalso recognizes the amount of capital required for re-work operations and therefore, purchasedits own servicing equipment and hired experienced operators. This also allows time to considercritical well decisions. Many mistakes were made because of concerns about hourly costs, andNAEG is able to avoid this type of pressure because it is a self-contained company and doesnot contract out for rigs and other equipment.Mr. Johnson said that Native Americans hold approximately 20% of all domestic oil and gasreserves in the nation today. NAEG feels this group of Americans are being neglected and holdthe greatest potential for oil and gas production. NAEG applied through the Department of theInterior and was approved for a nation-wide bond, which allows it to work on any reservation inthe nation. NAEG is currently working with the Fort Peck Tribe to acquire oil and gas propertiesand forsees a long and prosperous relationship with it. NAEG is committed to hire and trainNative Americans for jobs to promote economic development. Mr. Johnson said that NAEG isable to offer state-of-the-art technology and explained several of the new technologies beingused by NAEG, specifically the problems associated with the build up of paraffin in wells andthe solution identified by NAEG. NAEG is able to tackle any situation and has located at least40 good wells that had been termed "dry wells" by other companies.SEN. O'NEIL said that currently, Montana charges a13% oil severance tax and the tribescharge a 7% severance tax. He asked if a bill to reduce the tax would make a difference toNAEG. Raj Nanvaan, Chief Financial Officer (CFO), said such a bill would definitely make adifference for NAEG. ------------------------------------------------------------------------------- - Page 11 -11-Mr. Nanvaan provided his personal business credentials and a background of his involvementwith NAEG. He said that Indian country provides a unique investment opportunity and thatNative Americans are the largest mineral owners in the country. Mr. Nanvaan said he has spentthe last five years studying Montana's tribes, cultures, organizational structures, and protocols. NAEG established its presence on the Fort Peck Reservation in 2005. Since that time, NAEGhas invested over $1 million in infrastructure in Fort Peck. The million dollars is a fraction of thefinancial strength of NAEG and NAEG has a strategy to invest much more in Native Americanoil and gas development. Mr. Nanvaan said the goals are achievable only with the cooperationof the tribal governments and that NAEG is open to exploring any community. Mr. Nanvaansaid that NAEG is very happy to have had the opportunity to present to the committeeMr. D'Arrigo thanked REP. HENDRICK for initiating NAEG's presentation to the Committee. Hesaid that members of the Fort Peck tribe were hired and trained for the project and that withoutthe cooperation of the Fort Peck Tribe, NAEG would not have achieved the same level ofsuccess. He also explained certain aspects of the injection process, saying that it is aproprietary process and only a handful of companies have the technology to do this process. He said that he is very proud that NAEG works with integrity and honesty, that NAEG must beprofitable but also wishes to give back to communities. He said that NAEG wants to dobusiness in Montana and is willing to travel to the reservations and work with the tribes.REP. HENDRICK said that environmental issues are of great importance to Montanans andasked how NAEG handles environmental issues, such as reclamation. Mr. Johnson said NAEGmeets all and exceeds many of the reclamation requirements. He said NAEG plans to correctseveral areas that have been environmentally neglected on the Fort Peck Reservation. He saidhe is an avid outdoorsman and that that protecting the environment is important to him.REP. HENDRICK asked how many full time employees (FTE) have been hired on the Fort Peckproject and how many are American Indian. Mr. Nanvaan said that there are currently sixNative American FTE and that NAEG plans to expand that to as many as 20 per field, but that itis premature to say exactly what will happen.REP. HENDRICK asked if NAEG is utilizing the Fort Peck Tribal College in its training. Mr.Lambert said that NAEG is utilizing the Tribal College and that he is developing a syllabus touse in the training. He gave an example of a revolutionary pump being developed by NAEG,which will create about 200 jobs when it reaches the manufacturing stage. He said NEAGalready has orders for 300 pumps. As far as oil and gas production is concerned, Mr. Lambertsaid it is difficult to predict the number of workers that will be needed until more is known aboutthe production opportunities on the Reservation. He said NAEG is sensitive to hiring tribalmembers but that the main criteria for hiring workers is that they are qualified.REP. WINDY BOY referred to the report (EXHIBIT #10) and asked for a more detailedexplanation of the $50,000 bond approved by the Board of Oil and Gas Conservation. Mr.Lambert explained NAEG has a nationwide bond that allows it to acquire an unlimited amount ofwells on all 562 federally recognized reservations and a state bond called a Montana Bond. This is the $50,000 bond referred to by REP. WINDY BOY and allows NAEG to acquire anddevelop an unlimited amount of wells off the reservation. REP. WINDY BOY asked if the bondcovers reclamation costs. Mr. Lambert said that it does. ------------------------------------------------------------------------------- - Page 12 -12-SEN. O'NEIL asked if geothermal energy, wind energy, and hydro energy are alternative energysources used by NAEG. Mr. Lambert said all of those and solar energy also. Mr. Nanvaanexplained geothermal powerball technology and said a reservation would be a perfect place tointroduce this new type of alternative energy to the nation. Mr. D'Arrigo also discussed otheralternative energy forms. He said there are many opportunities available and it is just a matterof tapping into them.SEN. PEASE asked if NAEG has met with the Crow or Cheyenne Tribes. Mr. Lambert said ithas not with those tribes yet. SEN. PEASE said he represents both the Crow and Cheyennepeople. Mr. Lambert said he would like to meet with both Tribes.REP. JAYNE said that her legislative district covers the Flathead and Blackfeet tribes. Sheasked what the Committee could do to assist NAEG in connecting with the different tribes. Mr.Lambert said that extensive seismic exploration has been done in that area and that there is alot of natural gas. He said NAEG would gladly come and look. REP. JAYNE said she couldn'tspeak for the different tribes but as a representative of the Committee, she said she would liketo assist in getting NAEG connected with those Tribes. She asked if NAEG has contactedGovernor Schweitzer. Mr. Nanvaan said that NAEG will be meeting with the Governor's energystaff at 3:00 p.m. today. REP. JAYNE said she would also connect NAEG with the Salish-Kootenai Tribe as well. Mr. Nanvaan said on behalf of NAEG, he would appreciate that.
quote:Originally posted by The Phat Man: here's a link to the actual 'minutes' of the meeting between NAEG and the state montana gov't peeps:
quote:Originally posted by before_the_crowd: Invester, Benjamin, Juice, Skip, Matto ..and everbody else here..If we decide together not to let these MM's manipulate and take our shares from us. We will have a run beyond 0.10 cents soon. If u remember they did the same thing with CSHD..Had a big run up and then tried to get our shares by bringing it down and then.....BOOM.
Be smart and keep ur shares..!!
you are exactly right, I only got a partial fill today, and will try to fill it sometime in the AM tomorrow. I usually don't hold long, but this one looks like it is a keeper for a while...it's just getting started. good post BTC...
Posted by juice on :
quote:Originally posted by jos_tul: Just got back home. Found this recent CBS coverage.
Great posts tonight people. Tomorrow should be interesting.
Posted by before_the_crowd on :
Hey get this ... MM's asked me DEAL or NO DEAL.... I said no deal....SHOW ME THE MONEY!
Posted by Schwabie on :
POSTS FROM IHUB:
Posted by: 2ligit2quit In reply to: jaffet012 who wrote msg# 127 Date:10/4/2006 1:08:55 AM Post #of 133
-ahhh think-
small company is producing from two wells currently and about to work over 10 wells on the richey field they just aquired.
very prolific area... the wells in the area are big producers.
Posted by: 2ligit2quit In reply to: None Date:10/4/2006 12:59:57 AM Post #of 133
Both wells were completed on time due to the precise scheduling of all components of their operations and are currently in minimal production. Stable flow rates in terms of BOPD and additional data on comparative results can be expected to be reported within 3 to 4 weeks. After the chemical treatment, the initial flow rates tend to fluctuate in a wide range for the first couple of weeks before settling down to a steady flow. At that time, the Company will issue another report to its shareholders informing them of its results.
this news was put out on Aug. 22 news around the corner w/ flow rates........
Posted by: Aufan4good In reply to: Lindy who wrote msg# 110 Date:10/4/2006 12:57:36 AM Post #of 134
If the o/s is 4m and thats a huge if (sounds way low) we are sitting on black gold - texas tea. If true tomorrow will hold a monster gain once again.
What happens: Gap and retrace, gap & run or steady climb. I would like to add but this may gap more than I'm expecting.
Posted by: 2ligit2quit In reply to: None Date:10/4/2006 12:39:52 AM Post #of 134
Financial Disclosures NAEG has retained the services of a New York accounting firm and is currently preparing their 2005 financial statement which will include audited financials. The company intends to make application to the OTC Bulletin Board or American Stock Exchange in the year 2007 after it has reached a set goal of production and qualifies for listing on either market or exchange. Once the audited financials are complete, they will be availabe for viewing on pinksheets.com until the company files any such registration statement with the U.S. Securities & Exchange Commission. The company understands that it may not be in its best interest to take on the obligation of complying with the Sarbanes-Oxley Act until the Board of Directors deems fit to do so. However, the Board of Directors of the company intend to utilize the OTCQX, a premium quotation, trading, and disclosure service for OTC securities trading on the Pink Sheets.
Posted by: 2ligit2quit In reply to: None Date:10/4/2006 12:32:20 AM Post #of 134
FOREST HILLS, N.Y.--(BUSINESS WIRE)--Native American Energy Group, Inc. (the "Company" or "NAEG") (OTC Pink Sheets: NVMG - News) is pleased to announce it has signed an Oil Sale and Purchase Agreement (SPA) with Shell Trading (US) Company (Shell), and is to begin supplying high-gravity oil from its producing wells in N.E. Montana to Shell immediately.
so while we sit here and chit-chat nvmg is making money$$ not alot of pinkies can say that the more and more I read the more i like
we need that share structure asap..........................
Posted by: Lindy In reply to: None Date:10/3/2006 11:34:26 PM Post #of 134
Posted by: m0m0mey0 In reply to: m0m0mey0 who wrote msg# 95 Date:10/3/2006 9:38:24 PM Post #of 134
My rather flippant statement of $1 PPS in my previous post has me making the assumption that the float is something in the neighborhood of 100-150M. Somehow I think it might be much smaller than that though, judging from the ease at which it moved today.
Somebody please get the real TA on the horn!
Anyway, weeeeeeeeeeeeeeee.
Posted by: skipdeez In reply to: next thread who wrote msg# 87 Date:10/3/2006 8:09:32 PM Post #of 134
I don't think .10 short term is out of the question...
Posted by Schwabie on :
POST FROM SHAKER Z AND MOVER Z :
Reply | Forward Message #44218 of 44245 < Prev | Next >
NVMG >> 2morrowzzz steroidal gazelle 4 sure
NVMG >> 2morrowzzz steroidal gazelle 4 sure
Posted by stnkng1 on :
i have to leave before the market is opened do you think if i put a buy order in at .026 i willbe able to get in or should i try for.027 to be safe
Posted by a surfer on :
quote:Originally posted by stnkng1: i have to leave before the market is opened do you think if i put a buy order in at .026 i willbe able to get in or should i try for.027 to be safe
.028
Posted by stnkng1 on :
alot are thinking this might see .10 or even higher very soon. im just hoping it doesnt gap higher then .028 this morning
Posted by djg7 on :
The more I read through the posts and website this is looking really good. What are the O/S and float at this time?
Posted by before_the_crowd on :
This website stret insider.com..says last trade 0.03
I wake up and see this. This REALY couldn't be better. Not only this, but I feel that we are a MAJOR buyout target. If Shell is in, Exxon/Chevron to follow. The geologists are thinking there could be between 200 billion and 400 billion barrels of oil in the area.
NAEG has retained the services of a New York accounting firm and is currently preparing their 2005 financial statement which will include audited financials. The company intends to make application to the OTC Bulletin Board or American Stock Exchange in the year 2007 after it has reached a set goal of production and qualifies for listing on either market or exchange.
Posted by Schwabie on :
POST FROM IHUB:
Posted by: pensandoenti67 In reply to: loganwolverine who wrote msg# 135 Date:10/4/2006 7:31:34 AM Post #of 141
I called SHELL & Emailed them asking for their recent purchase in Montana, I was give another number and e-mail to contact them, they open at 1100 AM ET, it's Shells Mountain Relations Dept. Will keep all posted.
I'm in at .018 and expect this to fly to over a dime soon!!
Shell buying from a pinky Oil company, that's huge... we may have a Black Gold stock here folks....
Posted by invester on :
Just a little word for the newbie’s. Market makers take stocks up in stages. They work with stocks with high volume. They will take a stock up to a level that they are comfortable with, sell there inventory, and then drop it. They hope that you think it will be falling so you will sell your shares cheaper. Then they go for another run to the next level. All the while missing the boat because you thought it was going down. Be ahead of the game. I would be cautious trying to flip this. SHELL OIL is involved. This is a big story, a lot of oil. I bought 300k at a D.C.A. .019, and wont sell this until dollars Ville. Just a little advice.
Posted by djg7 on :
Invester do you know what the outstanding shares and float are for NVMG?
Posted by invester on :
Not sure yet, but based on the volume from yesterday of 40m, and the PPS increase, it has to be lower than 100m. My supposition would be 60m. Posted by Schwabie on :
quote:Originally posted by invester: Just a little word for the newbie’s. Market makers take stocks up in stages. They work with stocks with high volume. They will take a stock up to a level that they are comfortable with, sell there inventory, and then drop it. They hope that you think it will be falling so you will sell your shares cheaper. Then they go for another run to the next level. All the while missing the boat because you thought it was going down. Be ahead of the game. I would be cautious trying to flip this. SHELL OIL is involved. This is a big story, a lot of oil. I bought 300k at a D.C.A. .019, and wont sell this until dollars Ville. Just a little advice.
OPEN AT .0055
RUNS TO .0085
MM GAMES BACK AND FORTH BETWEEN .0065 TO .0085
NEW HOD .009
BREAKS .01 AND RUNS TO .013 WHICH BECOMES NEW BASE AND HOD
RUNS TO .018 NEW HOD
MM GAMES BETWEEN .013 TO .018
NEW HOD .02
MM GAMES BETWEEN .015 TO .02
.018 BECOMES NEW BASE
NEW HOD .022
MM GAMES BETWEEN .018 TO .022
NEW HOD .024
MM GAMES BETWEEN .02 TO .024
FOR A CLOSE AT .025 +316 % !
I FLIPPED THIS ALL DAY AS YOU CAN SEE !
THE CLOSE IS SHOWING AS .03 NOW ?
Posted by invester on :
I have .025. I was merely saying that this is on the radar of allot of people now. Flipping may be tight. My opinion. Posted by HMSD2010 on :
just a thought here cause i just found this board this morning but looking at the 2 day chart does anybody think this has a gap to fill this morning? or are we pretty confident that wont be for a few days?
Posted by Schwabie on :
quote:Originally posted by invester: I have .025. I was merely saying that this is on the radar of allot of people now. Flipping may be tight. My opinion.
NO, I WAS NOT DISCREDITING YOU.
I WAS MERELY RE-STATING WHAT YOU SAID WITH NUMBERS OF WHAT ACTUALLY TRANSPIRED YESTERDAY MORE OR LESS. MMS DROPPED IT ALL DAY.
ONLY TO MAKE HIGHER BASES AND REACH NEW LEVELS OF HOD EVERY TIME
Posted by invester on :
I'm certain this is on the radar of way to many traders, as well as institutions. Were going higher.
Posted by djg7 on :
HILL and NITE on bid and ask premarket .025 x .029.
Posted by invester on :
quote:Originally posted by Schwabie:
quote:Originally posted by invester: I have .025. I was merely saying that this is on the radar of allot of people now. Flipping may be tight. My opinion.
NO, I WAS NOT DISCREDITING YOU.
I WAS MERELY RE-STATING WHAT YOU SAID WITH NUMBERS OF WHAT ACTUALLY TRANSPIRED YESTERDAY MORE OR LESS. MMS DROPPED IT ALL DAY.
ONLY TO MAKE HIGHER BASES AND REACH NEW LEVELS OF HOD EVERY TIME
Posted by djg7 on :
I like NVMG and BZCN both are gapping ths AM.
NVMG .027 x .029 premarket.
Posted by stnkng1 on :
no volume yet why not
Posted by stnkng1 on :
the onlything on my streamer right now thats doing any trading is sssu
Posted by Schwabie on :
POST FROM IHUB:
Posted by: sixthsense169 In reply to: None Date:10/4/2006 8:59:47 AM Post #of 155
**********: NVMG, TFZP, URRE, WLKF Have Also Been Added To Naked Short List Today
Oct 02, 2006 (M2 PRESSWIRE via COMTEX) -- **********, www.**********, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: Global ePoint Inc. (NASDAQ: GEPT), L International Computers Inc. (OTC: LITL), Native American Energy Group, Inc. (OTC: NVMG), ThermaFreeze Products Corporation (OTC: TFZP), Uranium Resources, Inc. (OTCBB: URRE), Walker Financial Corporation (OTCBB: WLKF). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.**********.
Native American Energy Group, Inc. (OTC: NVMG) is a publicly traded, independent, energy company that has established its infrastructure and operations on the Fort Peck Indian Reservation in N.E. Montana. The company specializes in acquiring and revitalizing abandoned oil fields with substantial known reserves in place, as well as, introducing energy alternatives such as wind & geothermal energy solutions. We spotlight oil fields which were previously developed and capped due to depressurization, production falling below commercial levels at that time, or in situations in which oil & gas leases were terminated by the tribal governments due to improper development and/or refusal to simply employ Native Americans. With 1.19 billion shares outstanding and 2,506 shares declared short as of September 2006, there is a failure to deliver in shares of NVMG.
ThermaFreeze Products Corporation (OTC: TFZP) with product, process and system patents, is a solutions-based company for shipment of perishables, including frozen and refrigerated fish, meat, confections and other food items, pharmaceutical prescriptions, cold and hot medical compresses and other consumer requirements. The company's products replace wet ice and gel packs for temperature control and enhance the effectiveness of dry ice. With 14,000 shares outstanding and 840 shares declared short as of September 2006, there is a failure to deliver in shares of TFZP.
Uranium Resources, Inc. (OTCBB: URRE) together with its subsidiaries, engages in the acquisition, exploration, development, and mining of uranium properties in the United States. It owns production and development properties, including Kingsville Dome, Vasquez, and Rosita project located in south Texas; and Churchrock, Crownpoint, and West Largo and Roca Honda located in New Mexico. Uranium Resources, Inc. was founded in 1977 and is based in Lewisville, Texas. With 51.74 million shares outstanding and 117,513 shares declared short as of September 2006, there is a failure to deliver in shares of URRE.
Walker Financial Corporation (OTCBB: WLKF) through its wholly owned subsidiaries, markets various insurance and trust administration services products. It offers prearrangement and preneed products, which allow individuals to secure the funding for their future funerals prior to their death and, in some incidences, the goods, materials, and services required in connection with such funerals. The company also provides general insurance management and third party marketing services for prearranged death care servicing to corporations, unions, and affinity groups. In addition, it offers trust administration services to independent funeral homes, state master trusts, and companies that own funeral homes or cemetery for preneed funeral and cemetery trust accounts. The company is based in Garden City, New York. With 13.84 million shares outstanding and 611 shares declared short as of September 2006, there is a failure to deliver in shares of WLKF.
About **********
WWW.********** is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. ********** has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.
********** has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted, www.**********/squeezetrigger.pdf. The SqueezeTrigger database of nearly 1,000,000,000 short sale transactions goes back to January 1, 2005, and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005, because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like ********** to access the data.
The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, ********** provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money.
All material herein was prepared by **********, based upon information believed to be reliable. The information contained herein is not guaranteed by ********** to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. ********** is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. ********** may receive compensation in cash or shares from independent third parties or from the companies mentioned.
********** affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. LITL has previously paid a $995.00 data fee to **********. Market commentary provided by Thomas Ronk.
********** will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.
You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and ********** undertakes no obligation to update such statements.
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info*m2.com.
As of Thursday, 09-28-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated an UPTREND on 08-14-2006 for GEPT * $1.29.
For more information on Comtex SmarTrend? Alert, contact your market data provider or go to CSTADirect.com
SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright ? 2004-2006 Comtex News Network, Inc. All rights reserved.
-0-
Search for Dun & Bradstreet reports on this company.
Posted by hbomb on :
26x28 3x2
Posted by juice on :
quote:Originally posted by Schwabie: POST FROM IHUB:
... With 1.19 billion shares outstanding and 2,506 shares declared short as of September 2006, there is a failure to deliver in shares of NVMG.
1.19 BILLION O/S... now i am beyond confused???
Posted by invester on :
That can't be. Who posted that.
Posted by juice on :
that has to be completely wrong if you ask me LOL
Posted by stnkng1 on :
folks i no this is a hot stock but dont you think sssu is a better one for the day
Posted by Hannibull on :
quote:Originally posted by invester: That can't be. Who posted that.
b u y i n s dot net (word is blocked here)
Posted by juice on :
invester see post above, naked short list....
Posted by Schwabie on :
026 X .028
Posted by Schwabie on :
POST FROM IHUB:
Posted by: sixthsense169 In reply to: None Date:10/4/2006 8:36:12 AM Post #of 157
Mornining .....Pinksheet has O/S at 203,000 but if you consider the forward split 20/1 it should be just over 4 million.
sixthsense169
Posted by juice on :
yeah how is 2,506 short a significant position in 1.19 BILLION, that is wrong if you ask me. plus we did 40Mill volume yesterday and went up 316%... hmmm
Posted by hbomb on :
.025x.026 1x2
Posted by juice on :
gapping down? wtf
Posted by hbomb on :
What a crock!
Posted by Fuzzy1018 on :
fake dip, it'll run
Posted by stnkng1 on :
thank god i passed go with sssu or amre both great keep an eye on
Posted by doling2005 on :
quote:Originally posted by Fuzzy1018: fake dip, it'll run
a greed
Posted by juice on :
yep
Posted by doling2005 on :
bring on .03
Posted by The surgeon on :
STNKng1... You are going to miss out big time my friend.
Posted by Schwabie on :
BIG BUYS..........
Posted by HMSD2010 on :
Just got in at .023 this morning! what a steel!
Posted by Hannibull on :
got in at 0.022, invester where do you think this could go to?
Posted by Fuzzy1018 on :
told ya
Posted by stnkng1 on :
you guys really see this going to.10 soon
Posted by Schwabie on :
GAP FILLED? LOOKS LIKE IT...
Posted by Schwabie on :
.027 !
Posted by Fuzzy1018 on :
.029
Posted by djg7 on :
.028 x .029!
Posted by J_U_ICE on :
Posted by doling2005 on :
bring on.04
Posted by a surfer on :
sssu LOL...
Posted by Schwabie on :
HOD .032
Posted by Fuzzy1018 on :
crazy buying pressure
Posted by Schwabie on :
HOD .034 LOLOLOL
Posted by juice on :
i so want to flip her... but im not
Posted by Fuzzy1018 on :
too risky to flip, it'll go bck up just before u know it
Posted by skip on :
I flipped, I will tell you why...
Corporation Actions for "NATIVE AMERICAN ENERGY GROUP INC." Sort by File Date Document Number Action Type descendingascending order
1 - 6 of 6 actions Actions\Amendments
Action Type: Amendment Document Number: 20060576926-23 # of Pages: 1 File Date: 09/07/2006 Effective Date: Previous Stock Value: Par Value Shares: 100,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 100,000.00 New Stock Value: Par Value Shares: 2,000,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 2,000,000.00
looks like the 1.19 billion o/s is correct...that doesn't mean that it won't run (remember xkem) but too big of an o/s for me to stick around long term...
Posted by fryyguyy on :
ok, i'm in for 100,000 at .03. Lets see what happens.
Posted by Doniboy on :
This is up from .005 yesterday?
Posted by doling2005 on :
like yesterday, they are buying every bitty dip
Posted by invester on :
I just called Native, and they said that the 1.19 billion was complete BS. The guy is going to call me back when he gets the share structure.
Posted by Schwabie on :
quote:Originally posted by Doniboy: This is up from .005 yesterday?
FROM .0055 OPEN YESTERDAY
Posted by stnkng1 on :
ok i got in but hopefully no to late
Posted by skip on :
quote:Originally posted by invester: I just called Native, and they said that the 1.19 billion was complete BS. The guy is going to call me back when he gets the share structure.
how can that be b/s when it's on the state of nevada website? i hope that is not correct, but looks like it...
Posted by jos_tul on :
I still say even if it is a billion OS, the share is worth atleast .10 cents to start with
Posted by Schwabie on :
2.5x MOVING AVERAGE
Posted by jos_tul on :
From Ihub
Posted by: shakerzzz In reply to: MOMO who wrote msg# 178634 Date:10/4/2006 9:45:06 AM Post #of 178655
nvmg >> 20 bagger in progress
Posted by Fuzzy1018 on :
nice dip to pick up moer
Posted by Doniboy on :
Shakerzz group makes the play more volatile if you ask me...
Posted by juice on :
i have 155k right now lol bought at 23, 25, 29 im ready
Posted by Fuzzy1018 on :
there we go again
Posted by djg7 on :
I have 100K at average of .017. The wall appears to be at .033. Hope we break through.
Posted by jos_tul on :
If i remember correctly, this has the biggest oil reserve in all of 48 states ... as told by energy department...and we are sitting on a golden pool
Posted by Schwabie on :
I'M BACK TO 50K FREE SHARES
Posted by juice on :
btw there is no friggin way the o/s is anywhere near 1.19 billion. LOL
Posted by Schwabie on :
RETESTING .033
Posted by BENJAMINS on :
Another big news on this just dropped !!!.... GUYS CHECK OUT WLKF ....RUNNING HUGE RIGHT NOW TOO....LOW FLOATER...AND BOUNCE BACK
Posted by jos_tul on :
Since We are selling to Shell not a mom and pop outfit this should hit .10 easily...with or without shakrez
Posted by IMAKEMONEY on :
By BusinessWire Last Update: 10/4/2006 10:03:34 AM Data provided by
FOREST HILLS, N.Y., Oct 04, 2006 (BUSINESS WIRE) -- Native American Energy Group, Inc. (the "Company" or "NAEG") (OTC Pink Sheets: NVMG) is pleased to announce it has acquired the Bier Oil Lease that contains a well drilled by Exxon in 1984, consisting of 760 acres located on the Luster Field in N.E. Montana. The Bier Well, which was later plugged and abandoned (P&A), has been selected for its production potential and is to be among the first group in NAEG's Enhanced Oil Recovery & well development program.
The Bier was producing 60 barrels of oil per hour when it was capped due to excessive fluids (3,200 total fluids with a 50% oil cut) because the expense of removing the water at that time was simply too great. Today's proprietary extraction techniques, combined with lower transportation costs and high profit margins make this well economically feasible again for re-entry.
The Average amount of BOPD from most producing wells in the Luster Field was 500 to 1000. The Luster Field was discovered in 1953 by Exxon and has a total of 300 wells drilled to date. Other major oil companies that have been in this field include Mobil, Amerada Hess, and others. The formation(s) from which they have primarily produced are the Mission Canyon, and the Ratcliff section of the Charles formation in the Mississippian Period.
By design, and by invitation, Native American Energy Group continues to work synergistically with Montana's native tribal nations and landowners to position the Company in targeted leasing areas containing the most potential recoverable reserve capacity, bearing in mind that these projects are also vitally important in promoting economic development, employment opportunities and stability to the tribal community. Through its oil and gas property acquisitions since the Company's inception, and a very aggressive leasing program, NAEG has positioned itself as the largest leaseholder of potential Bakken production on the Fort Peck Reservation.
CEO Joseph D'Arrigo stated, "What many people do not realize is that some of these leases can require as many as 100 signatures when you are not dealing with an individual landowner, but a large number of allotees. Nevertheless, we have managed what the Board considers some very significant acquisitions among our portfolio of previously developed, historically producing wells."
"It was an early feasibility study," said D'Arrigo, "by our geological team, including a full analysis of the previous operator's results and all essential aspects of the historical drilling and exploration data that relate to several of our leases and their underlying oil deposits, that has validated the planning and initiation of a 12-month, 20-well development program. Estimates had been established and were reported to me during 2005 by our Senior Geologist & Petroleum Engineer, Tony Johnson, and our exploration team to indicate 2 (two) million barrels of recoverable reserves are accessible in just 5 of the Company's more significant acquisitions. We have two (2) rigs from one manufacturer being prepped for delivery, one later this year and the second in early 2007 to get the job done. In parallel with this goal, overall, once we have met certain production levels from the current re-work program, then exploratory and verification-drilling may begin on our Bakken leases, concurrently, in late 2007. That is a much more expensive proposition and represents a larger opportunity, however, to date, of the total wells drilled in the Bakken Play only 2% are dry holes. On average, the initial production rates after completion on the Bakken are between 200 - 600 barrels of oil per day, but can range as high as 2000-5000 bopd depending on the size of your pocket book, the location of the properties, and the right combination of drilling and completion technology's. As was previously announced on August 22, 2006, Native American Energy Group launched its initial oil production on the Fort Peck Indian Reservation in northeast Montana following the successful enhancement, reactivation, and completion of its first two wells. We shall continue to rely on our experienced and devoted personnel who have made great contributions towards helping us to achieve and increase our capacity, and we have every confidence that these important projects will be gradually realized."
The Company has identified an important issue that we understand shareholders may wish to have addressed. Due to the fact that the current share structure may not have been updated, as of yet, on the financial information websites, the correct and most current facts are listed below:
Safe Harbor Statement: This News Release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities & Exchange Act of 1934, as amended, with respect to corporate objectives, projections, estimates, operations, acquisition and development of various interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.
SOURCE: Native American Energy Group, Inc.
Posted by Schwabie on :
BOOM BACK TO HOD .034
Posted by Fuzzy1018 on :
guys nothin' goes up forever, so do protect ur capital
Posted by jos_tul on :
This almost has billions of barrels of oil which was untapped until now. I saw somewhere in their PRs which I went thro late last night and I think they will do f/s if this is 4M... and We might have just gotten lucky...this would be one of the rarest find...and had been sitting for us from 1950s...up until 1996 or so when NVMG folks found it... Guys this is a lottery ticket...I dont want to pump it...Just facts...
Posted by Schwabie on :
NEW HOD .035 !!!!!!!!!!!!!!!
Posted by Schwabie on :
OK, I GIVE UP... GOING TOO FAST... LOL
.036
Posted by jos_tul on :
NEWS !!!!
NAEG Acquires Bier Oil Lease; Clarifies Share Structure - UPDATE Business Wire - October 04, 2006 10:03
FOREST HILLS, N.Y., Oct 04, 2006 (BUSINESS WIRE) -- Native American Energy Group, Inc. (the "Company" or "NAEG") (OTC Pink Sheets: NVMG) is pleased to announce it has acquired the Bier Oil Lease that contains a well drilled by Exxon in 1984, consisting of 760 acres located on the Luster Field in N.E. Montana. The Bier Well, which was later plugged and abandoned (P&A), has been selected for its production potential and is to be among the first group in NAEG's Enhanced Oil Recovery & well development program.
The Bier was producing 60 barrels of oil per hour when it was capped due to excessive fluids (3,200 total fluids with a 50% oil cut) because the expense of removing the water at that time was simply too great. Today's proprietary extraction techniques, combined with lower transportation costs and high profit margins make this well economically feasible again for re-entry.
The Average amount of BOPD from most producing wells in the Luster Field was 500 to 1000. The Luster Field was discovered in 1953 by Exxon and has a total of 300 wells drilled to date. Other major oil companies that have been in this field include Mobil, Amerada Hess, and others. The formation(s) from which they have primarily produced are the Mission Canyon, and the Ratcliff section of the Charles formation in the Mississippian Period.
By design, and by invitation, Native American Energy Group continues to work synergistically with Montana's native tribal nations and landowners to position the Company in targeted leasing areas containing the most potential recoverable reserve capacity, bearing in mind that these projects are also vitally important in promoting economic development, employment opportunities and stability to the tribal community. Through its oil and gas property acquisitions since the Company's inception, and a very aggressive leasing program, NAEG has positioned itself as the largest leaseholder of potential Bakken production on the Fort Peck Reservation.
CEO Joseph D'Arrigo stated, "What many people do not realize is that some of these leases can require as many as 100 signatures when you are not dealing with an individual landowner, but a large number of allotees. Nevertheless, we have managed what the Board considers some very significant acquisitions among our portfolio of previously developed, historically producing wells."
"It was an early feasibility study," said D'Arrigo, "by our geological team, including a full analysis of the previous operator's results and all essential aspects of the historical drilling and exploration data that relate to several of our leases and their underlying oil deposits, that has validated the planning and initiation of a 12-month, 20-well development program. Estimates had been established and were reported to me during 2005 by our Senior Geologist & Petroleum Engineer, Tony Johnson, and our exploration team to indicate 2 (two) million barrels of recoverable reserves are accessible in just 5 of the Company's more significant acquisitions. We have two (2) rigs from one manufacturer being prepped for delivery, one later this year and the second in early 2007 to get the job done. In parallel with this goal, overall, once we have met certain production levels from the current re-work program, then exploratory and verification-drilling may begin on our Bakken leases, concurrently, in late 2007. That is a much more expensive proposition and represents a larger opportunity, however, to date, of the total wells drilled in the Bakken Play only 2% are dry holes. On average, the initial production rates after completion on the Bakken are between 200 - 600 barrels of oil per day, but can range as high as 2000-5000 bopd depending on the size of your pocket book, the location of the properties, and the right combination of drilling and completion technology's. As was previously announced on August 22, 2006, Native American Energy Group launched its initial oil production on the Fort Peck Indian Reservation in northeast Montana following the successful enhancement, reactivation, and completion of its first two wells. We shall continue to rely on our experienced and devoted personnel who have made great contributions towards helping us to achieve and increase our capacity, and we have every confidence that these important projects will be gradually realized."
The Company has identified an important issue that we understand shareholders may wish to have addressed. Due to the fact that the current share structure may not have been updated, as of yet, on the financial information websites, the correct and most current facts are listed below:
NATIVE AMERICAN ENERGY GROUP, INC. (NVMG)
(as of: Tue Oct 03 2006 5:09:53 PM EDT)
Current Price: $0.025 Outstanding Shares: 1,224,542,418 Float: 92,682,418 Market Cap: 30,613,560 52 Week. High: 0.06 52 Week. Low: 0.005 Current Capital Change:
Shares increased by 20 for 1 split Ex-Date: 2006-09-19 Record Date: 2006-09-07 Transfer Agent: Manhattan Transfer Registrar Co.
Safe Harbor Statement: This News Release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities & Exchange Act of 1934, as amended, with respect to corporate objectives, projections, estimates, operations, acquisition and development of various interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.
oh my goodness this is far from over folks go baby gooooo
Posted by Doniboy on :
I'm in, hopefully not too late Posted by Fuzzy1018 on :
.05 or higher today
Posted by jos_tul on :
quote:Originally posted by jos_tul: There are total 10-12 wells out there in that area. These looked like Shell sold to independent contractors due to parafin problems...
NVMG has tech stuff which cleared this and BOOOOM...Shell comes back to strike a deal with them
Each well does 200-2500 BBD.
Lets say on an average
700 BBD * 10 * 70 = 490000 per day
490000 * 30 days * 12 months = 176,400,000
Lets say Float is
4m per pink sheet info
Lets say we take 200 m then
pps = .882 per share
And still more wells in hand...and Shell contract already ... My head is spinning...Unless Iam way off the float....May be many people does not know about this yet...
A recalculation based on Updated share structure
700 BBD * 10 * 70 = 490000 per day
490000 * 30 days * 12 months = 176,400,000
Float now is 90 million
90m per pink sheet info
O/S is 1,224,542,418 then
pps = .144 per share
Posted by jos_tul on :
quote:Originally posted by jos_tul: There are total 10-12 wells out there in that area. These looked like Shell sold to independent contractors due to parafin problems...
NVMG has tech stuff which cleared this and BOOOOM...Shell comes back to strike a deal with them
Each well does 200-2500 BBD.
Lets say on an average
700 BBD * 10 * 70 = 490000 per day
490000 * 30 days * 12 months = 176,400,000
Lets say Float is
4m per pink sheet info
Lets say we take 200 m then
pps = .882 per share
And still more wells in hand...and Shell contract already ... My head is spinning...Unless Iam way off the float....May be many people does not know about this yet...
A recalculation based on Updated share structure
700 BBD * 10 * 70 = 490000 per day
490000 * 30 days * 12 months = 176,400,000
Float now is 90 million
90m per pink sheet info
O/S is 1,224,542,418 then
pps = .144 per share
Posted by stnkng1 on :
.05 come on fuzzy get real .05 in a few weeks would be good enough i mean someof these people are saying over .10 is that really possible
Posted by Schwabie on :
Posted by: loganwolverine In reply to: None Date:10/4/2006 10:10:23 AM Post #of 228
Float is 92 mil, not bad, not bad at all. ANything under 100 mil is golden in the pinks. Very nice. HOUSTON, WE HAVE LIFTOFF!!!!!!!!!!!!!!
Posted by djg7 on :
Here's our dip. I may add more shares.
Posted by Hannibull on :
O/T is it just me or is the allstocks server really slow today? it took me several attempts and 10 minutes to get back to this page alone
Posted by Schwabie on :
REAAAAAAAAAAAAAAAAAAAAAAAAALY SLOWWWWWWWWWWWWWWWWW
Posted by djg7 on :
Float may be gone in the next few days if the 92 MIL is correct. Then watch out.
Posted by jos_tul on :
Take off soon...A company with this much potential...and their latest acquire...and previous statements as to AMEX listing and Audited financials...we have a monster at hand with such a less float
Posted by Schwabie on :
quote:Originally posted by djg7: Float may be gone in the next few days if the 92 MIL is correct. Then watch out.
NATIVE AMERICAN ENERGY GROUP, INC. (NVMG)
(as of: Tue Oct 03 2006 5:09:53 PM EDT)
Current Price: $0.025 Outstanding Shares: 1,224,542,418 Float: 92,682,418 Market Cap: 30,613,560 52 Week. High: 0.06 52 Week. Low: 0.005 Current Capital Change:
Shares increased by 20 for 1 split Ex-Date: 2006-09-19 Record Date: 2006-09-07 Transfer Agent: Manhattan Transfer Registrar Co.
41 MILLION TRADED YESTERDAY ALONE !!!
Posted by djg7 on :
Server is slow.
Posted by Doniboy on :
Anyone want to report the current L2's?
Posted by jos_tul on :
.027 * .028
Posted by Schwabie on :
quote:Originally posted by Schwabie:
quote:Originally posted by djg7: Float may be gone in the next few days if the 92 MIL is correct. Then watch out.
NATIVE AMERICAN ENERGY GROUP, INC. (NVMG)
(as of: Tue Oct 03 2006 5:09:53 PM EDT)
Current Price: $0.025 Outstanding Shares: 1,224,542,418 Float: 92,682,418 Market Cap: 30,613,560 52 Week. High: 0.06 52 Week. Low: 0.005 Current Capital Change:
Shares increased by 20 for 1 split Ex-Date: 2006-09-19 Record Date: 2006-09-07 Transfer Agent: Manhattan Transfer Registrar Co.
41 MILLION TRADED YESTERDAY ALONE !!!
TRADED HALF THE FLOAT YESTERDAY AND WELL ON OUR WAY TO TRADE THE OTHER HALF TODAY
29,362,240 Above Avg. Today’s Volume
Posted by djg7 on :
Bid 2 x .027 1 x .026
Ask 2 x .028 2 x .029 1 x .03
Posted by invester on :
I sold in the .03's. If they have that many shares, who is to say they won't dilute.
Posted by Fuzzy1018 on :
investor what hppn to ur .10's. Now that you have sold you started talkin' about dilution lolz
Posted by Doniboy on :
ticking back up anyway.
Posted by Fuzzy1018 on :
bid building, float will be gone soon
Posted by Schwabie on :
WELL, I UNDERSTAND HE JUST SOLD BUT...
DOESN'T SEEM KIND OF WEIRD TO YOU ALL THAT THEY WOULD DO A 20:1 FS ON THEIR PREVIEWS SHARE STRUCTURE
92 FLOAT WITH 1.2 BILLION O/S ?
WTF IS THAT ?
Posted by djg7 on :
Big buy of over 468,000 shares then ask drops.
Posted by invester on :
quote:Originally posted by Fuzzy1018: investor what hppn to ur .10's. Now that you have sold you started talkin' about dilution lolz
I thought there was less than 100m, there are over 1b.
Posted by jos_tul on :
I am staying put with this company. They were honest with the O/S and the float. I still say we touch .10 in a few days once flippers are gone. IF the audited financials are good which should show the assets...this company is HUGE !!! IF Shell comes to them for the technology NVMG has, then I say it is BIG
Posted by bmarley57801 on :
wow see that buy?
Posted by Hannibull on :
lol fat finger
Posted by juice on :
im with invester on the O/S. didn't think that was really true. what is to stop them from dilluting. wow whast with those 4 mill trades??
Posted by Repoman75 on :
Good job to those who bought in yesterday.
Posted by invester on :
I am so PISSSSSSSSED.
Posted by Schwabie on :
YES, IT DOES SEEM EXTREMELY WEIRD.
1.2 BILLION O/S WITH 92 MILLION FLOAT ?
POTENCIAL FOR DILUSION IS MORE THAN 12 TIMES THE FLOAT !!!
**$%## THAT THIS IS A PINKY... I SOLD AT .030
HOPE IT ALL PANS OUT FOR YOU ALL.
I KEPT A FEW SHARES.
I WILL BE MONITOING ITS PROGRESS VERY CLOSELY
THANKS AGAIN BENJAMINS !!!
YOU'RE DA MAN !
Posted by juice on :
at least i came out green LOL, im so pissed thought this was going to be a MONSTER. but thats how it goes in the land of the pinks:) next up SEVI Posted by Repoman75 on :
Follow the Schwabie.. he's a smart one.
Posted by Doniboy on :
So you guys are all giving up on this baby?
Posted by Schwabie on :
quote:Originally posted by invester: I am so PISSSSSSSSED.
ME TOO. IT HAD SOOOOOOOOOO MUCH POTENCIAL !
I AM ~NOT~ SAYING IT STILL DOESN'T HAVE POTENCIAL PLEASE DON'T GET ME WRONG.
I WISH ONLY THE BEST TO YOU ALL !!
Posted by invester on :
SLJB is running.
Posted by Doniboy on :
I love when you bash after your sales. I sold..Oh by the way...there will be dilution and this stock sucks...go buy something else. LOL....
Posted by The Phat Man on :
out at .028 enjoy the ride all i must say... that 4.5 million block with the O/S as large as it is and only 100 mil float... i'm guessing that was a major dilution play as no one single person in their right mind is going to buy $128,000 of a pink and let it sit over night and hope for the best... jmho. good luck all.
Posted by invester on :
I never bash, I'm just upset with the O/S. Sorry if you thought otherwise.
Posted by Repoman75 on :
Invester, what's your new pick besides that cult favorite SLJB?
Posted by Schwabie on :
NO ONE IS BASHING HERE YET.
NO ONE HAS SAID THIS WONT RUN.
THOSE ARE FACTS. THIS IS PINKYLAND.
THAT IS A MAYOR RED FLAG.
WHEN I BASH... YOU WILL KNOW IT.
Posted by invester on :
quote:Originally posted by Repoman75: Invester, what's your new pick besides that cult favorite SLJB?
Unico UCOI.
Posted by Repoman75 on :
quote:Originally posted by invester:
quote:Originally posted by Repoman75: Invester, what's your new pick besides that cult favorite SLJB?
Unico UCOI.
whoa, talk about a 52 week low.
Posted by Doniboy on :
I wasn't speaking to anyone in particular. Just upset with the play. And surprised to see people's exiting comments.
Posted by Fuzzy1018 on :
this will go bck up
Posted by invester on :
quote:Originally posted by Repoman75:
quote:Originally posted by invester:
quote:Originally posted by Repoman75: Invester, what's your new pick besides that cult favorite SLJB?
Unico UCOI.
whoa, talk about a 52 week low.
The secretary bought 1.9 million shares after touring the mine. The CEO bought millions as well. Talk about an obvious play.
Posted by islandGirl on :
I'm not going to name any names, but if certain "inversters" on this board want to help us newbies, then why not quietly move on to another stock instead of bashing it when you sell.
Posted by invester on :
quote:Originally posted by islandGirl: I'm not going to name any names, but if certain "inversters" on this board want to help us newbies, then why not quietly move on to another stock instead of bashing it when you sell.
Bashing, LoL. Things can change in the blink of an eye, just giving my point of view.
Posted by djg7 on :
Invester is not a basher.
Posted by Repoman75 on :
Listen, that's investers MO. He gives you great tips early on, the stock goes berserk, and then like a prom date the morning after, HE'S NOWHERE TO BE FOUND. If you time it wrong, it's your loss. If you time it right, invester is a Godsend....
Posted by Schwabie on :
quote:Originally posted by islandGirl: I'm not going to name any names, but if certain "inversters" on this board want to help us newbies, then why not quietly move on to another stock instead of bashing it when you sell.
THINK OF IT AS SAVING YOU.
NO ONE SAID THAT THIS WONT RUN. IT CAN.
GOOD:
THEY COULD DO A FOLLOW UP PR WITH NUMBERS ABOUT THE DEAL WITH SHELL OIL.
BAD:
IF THEY DILUTE 200 MILLION SHARES ALONE OUT OF THE 1.2 BILION FLOAT YOU COULD LOSE 50 % OR MORE OF YOUR INVESTMENT !
Posted by doling2005 on :
ok there was greed now there is fear..call me crazy but I'm looking for a new entry around .014 for the greed to kick back in
Posted by invester on :
quote:Originally posted by Repoman75: Listen, that's investers MO. He gives you great tips early on, the stock goes berserk, and then like a prom date the morning after, HE'S NOWHERE TO BE FOUND. If you time it wrong, it's your loss. If you time it right, invester is a Godsend....
Things change very fast in the market. If you don't know that, you shouldn't be investing. Sorry.
Posted by Schwabie on :
quote:Originally posted by doling2005: ok there was greed now there is fear..call me crazy but I'm looking for a new entry around .014 for the greed to kick back in
.013 WAS YESTERDAYS STRONGEST BASE.
MAY FIND A NEW HIGHER BASE TODAY. WHO KNOWS.
Posted by Doniboy on :
I was speaking in general, I wasn't talking to invester. I have been with you on quite a few plays Invester and I know how you play it.
All i meant was that there doesn't need to always be a parting shot taken.
Posted by doling2005 on :
ok, bring on .013
Posted by Doniboy on :
this is unreal
Posted by islandGirl on :
'Nuff' said. I guess I can only hope for the best with this one then.
Posted by Doniboy on :
I may start a company called Doniboy Inc. Ticker Symbol DONI. Then I will cure cancer and sign a deal with Phizer. Maybe then my stock will only drop a little.
Posted by Schwabie on :
BOOM !
THINK OF IT AS SAVING YOU... BEFORE THE BIG FALL
Today’s Price Performance as of 11:35am EDT, 10/04/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.019 Last Price 0.0060 -24.00% Today’s Change $0.02 Today’s Open 45,795,004 Above Avg. Today’s Volume
Posted by doling2005 on :
quote:Originally posted by islandGirl: 'Nuff' said. I guess I can only hope for the best with this one then.
When your position starts to turn or your down, sell and look for re-entry bounce rather than riding it all the way down
Posted by Fuzzy1018 on :
there should be a pr out soon with the numbers on shell deal
Posted by Doniboy on :
I have to think that as the numbers get this damn low, some people will start to realize that it may bounce and at least carry it back up a little.
Posted by Schwabie on :
Today’s Price Performance as of 11:40am EDT, 10/04/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.018 Last Price 0.0068 -27.20% Today’s Change $0.02 Today’s Open 47,707,129 Above Avg. Today’s Volume
Posted by islandGirl on :
To be honest, I'm considering a lot of things at this point. Thanks for the suggestion doling.
Posted by Schwabie on :
MM CLYP..........
Posted by IMAKEMONEY on :
mommy!!
Posted by BENJAMINS on :
Do your DD on WLKF guys,.... This one has done over 6 million volume today. Float very low 9 Million.... ( 10 Million according to bloomberg ) News out today,.... The MMs are still keeping it down because they gat caught with they pants down.... They have very low inventory on this and need shares for cheap. This may be the next big NVMG !!
Posted by Schwabie on :
quote:Originally posted by IMAKEMONEY: mommy!!
DUDE WHERE HAVE YOU BEEN ALL DAY ?
I FELT LONELY
Posted by IMAKEMONEY on :
Sorry went surfing, FALLING LIKE A ROCK HERE. Posted by Doniboy on :
It leveled off between .019 and .021
Posted by invester on :
quote:Originally posted by Schwabie:
quote:Originally posted by IMAKEMONEY: mommy!!
DUDE WHERE HAVE YOU BEEN ALL DAY ?
I FELT LONELY
Hold me I'm scared!!!
Posted by IMAKEMONEY on :
All pass on that LMAO
Posted by fryyguyy on :
New base forming at .02. After new base lets start back up slowly!!!
Posted by invester on :
quote:Originally posted by IMAKEMONEY: All pass on that LMAO
LoL
Posted by hbomb on :
Damn...went out for a few hours and come back to this $hit. Hoping for a bounce so I can at least break even (.02).
Posted by Schwabie on :
LOD .014
Today’s Price Performance as of 1:19pm EDT, 10/04/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.015 Last Price 0.01 -40.00% Today’s Change $0.02 Today’s Open 53,864,734 Above Avg. Today’s Volume
Posted by Wit on :
quote:Originally posted by invester:
quote:Originally posted by Schwabie:
quote:Originally posted by IMAKEMONEY: mommy!!
DUDE WHERE HAVE YOU BEEN ALL DAY ?
I FELT LONELY
Hold me I'm scared!!!
I'm not even talking to you guys,....LOL
Posted by Doniboy on :
Got knocked out of All Stocks for a while there.
Well thus far today sucks A$$, in plain English.
Posted by Fuzzy1018 on :
rebound?
Posted by Doniboy on :
I wrote to the Company and asked a few questions. I'll post if they respond. But I doubt they'll have anything to say except maybe "hey, Tough S#$t"
Oh well, you can't win them all.
Posted by doling2005 on :
Guys amre is bouncing after a panic selloff get in low and make your money back IMO
Posted by Schwabie on :
Symbol NVMG Last 0.015 Change -0.01 Bid 0.00 Ask 0.00 High 0.036 Low 0.014 Vol 55,258,406 Time 13:54:03
Posted by Doniboy on :
Not happy today.
Posted by Jo4321 on :
New lesson for me. Never put a buy order in at the open, when you cannot get to a computer at 9:30 to put an immediate sell order in.
Dang schools and their blocked computers.
Jo
Posted by Doniboy on :
Lesson for all. Always make sure that Shakerzz is not playing the stock that you are in....
Posted by Doniboy on :
upticking again. Shakerzz is telling people its a good buy in point....lol
Posted by Ace of Spades on :
LoL...the power of 1 Man
Posted by Fuzzy1018 on :
he's the one who killed this one today mayb now he can save it .0175 now
Posted by Doniboy on :
Actually Aces, that one man has a following of several and a lot of money flow....
Posted by Repoman75 on :
quote:Originally posted by Jo4321: New lesson for me. Never put a buy order in at the open, when you cannot get to a computer at 9:30 to put an immediate sell order in.
Dang schools and their blocked computers.
Jo
C'mon Jo! I'll have to add this to my lessons of wall street.
As a reminder to all! Repo's Lessons in Trading!
1. Buy low, sell high (or for you unsavory characters, sell short high, buy low!) 2. Hogs get fat, pigs get slaughtered. (In other words, don't get greedy!) 3. Buy on the rumor, sell on the news (usually true for stocks the runup into news vs. stocks that run AFTER news). 4. It takes money to make money. (In other words, don't expect to turn $100 into $50K) 5. You win some, you lose some, but you keep on fighting! (In other words, never lose your capital or it's game over) 6. Never fall in love with a stock. 7. The only sure bets in this life are death and taxes. 8. If an analyst rates a stock a "buy", you can be sure he has already bought the stock and is looking to unload at a price just below his target stock. Vice versa on "sell" recommendations. 9. Like surfing, ride the MM's and follow them, and you will sail to victory. Attempt to go against them, and you will wipeout. Remember, MM's do NOT play by the same rules on investors and do NOT lose money ever on Market Making activity. Therefore, you cannot beat them. 10. You don't have to be in the game 100% of the time. The sidelines are nice for a break every once in a while. Remember, its better to NOT make money than to LOSE money. 11. There are no such things as PAID bashers. That dumb article floating around "Confessions of a basher" is BS. People bash because they are short, bored, a-holes, or looking for a better reentry price. 12. As a follow up on 12, even if there were paid bashers, 99% of the time, Bulletin Board postings do NOT influence price fluctutations. There are many more investors who invest without ever reading internet message boards. 13. Always keep dry powder on hand. Never know when an opportunity may arise. 14. Most mutual funds and institutions will not buy stocks unless they are NASDAQ or listed and over $5.. However, this does not apply to hedge funds. 15. Don't go "all-in". This is not the World Series of Poker. Don't invest all of your capital in one stock. If you have a favorite, put 1/3 in. Keep the other 2/3 just in case you need to average down. 16. There's no such thing as "fat finger" trades. When these trades do occur, they are not valid and are broken by the brokerage houses within 3 days. Nobody can filled outside of the inside market (best bid x ask) 17. If you want a sure way of exiting a stock without hitting the bid, split the inside market with decimals. This will prevent your order from being represented on Level II, and the MM's won't step in front of your order (which they do often to get you to keep lowering your sell price). For example, if the best bid x ask is .11 x .12, try putting in .111 or somthing like that. 18. If you plan to play with fire (ie., play the pinks), make sure you have access to your trading platform at all times! Do not buy a stock without having access to exit in short notice.
Posted by Doniboy on :
.018......
Posted by Ace of Spades on :
quote:Originally posted by Doniboy: Actually Aces, that one man has a following of several and a lot of money flow....
I know, that's what I meant
"The power of 1 Man"
Posted by sha6er on :
someone give some encouraging news, please....
Posted by Ace of Spades on :
quote:Originally posted by sha6er: someone give some encouraging news, please....
NVMG To Da Moon !
Posted by jos_tul on :
This one's way diluted...sometimes gota swallow truth...4 million post-split number...1billion in prd... 250 times dilution from said number...thats so crapy...glta
Posted by Doniboy on :
This one killed me today.
Posted by invester on :
I rebought at .015. There is still value over the course. I'm hoping they cancel shares for there own value. Only 100k at .015.
Posted by invester on :
I bought the NOVEMBER $30 CALLS on HALLIBURTON if anyone trades options. REALLY cheap.
Posted by invester on :
Wrong thread.
Posted by The Phat Man on :
this thread over the past few pages is f'n hilarious...
from "TO DA MOON... greatest find ever!... real value here! don't miss this boat! no shares left under .10 by friday!"
then to... "uh, oh yeah, anyone happen to know the O/S?" ... "uh, anyone happen to google Raj Nanvaan's name and see how many lawsuits have come up against him and his multiple aliases?"
(reality starting to sink in but not faster than the bid is moving down... uh, oh... here comes...)
"TO DA SH!T-HOUSE!!!" .... 'this sucks'... (said aloud with a thousand-mile-stare at the L2s on the computer screen)
oh yeah... we mustn't forget the blaming... cuz, of course, it's all shakerzz fault that the losers lost money. god forbid one has their own free will to rely on and doesn't sell when the stock hit a bid of .035, up nearly 35% from a 300%+ day yesterday and showed clear selling pressure from there on out.
and then, sadly, most end up losing out, a few make some modest gains, and some (ahem... invester?) are actually still in hoping for an averaging-down miracle or a double-neck sell. in which this POS will prolly deliver on in one form or another and everything i'm observing will begin and end again.
voila
Posted by Repoman75 on :
If you think this thread is funny, read the PGPM thread.
Posted by Ace of Spades on :
LoL, just so you know Phat Man...when I said "To Da Moon," It was a joke. You can tell be the context of the post before.
Posted by Doniboy on :
You know whats even more funny? People who enjoy it when others have a bad day. I wonder why that is....
Posted by Repoman75 on :
quote:Originally posted by Doniboy: You know whats even more funny? People who enjoy it when others have a bad day. I wonder why that is....
I think it's that whole "Better you than me" mentality.
Posted by Fuzzy1018 on :
I'm down big on this one aswell. Made some yest. but right now down big - hopefully we'll move up in the near future. All we need is a pr with some good number on the shell contract
Posted by skip on :
I tried to give a warning early this morning...
skip posted October 04, 2006 06:49AM -------------------------------------------------------------------------------- I flipped, I will tell you why...
Corporation Actions for "NATIVE AMERICAN ENERGY GROUP INC." Sort by File Date Document Number Action Type descendingascending order
1 - 6 of 6 actions Actions\Amendments
Action Type: Amendment Document Number: 20060576926-23 # of Pages: 1 File Date: 09/07/2006 Effective Date: Previous Stock Value: Par Value Shares: 100,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 100,000.00 New Stock Value: Par Value Shares: 2,000,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 2,000,000.00
looks like the 1.19 billion o/s is correct...that doesn't mean that it won't run (remember xkem) but too big of an o/s for me to stick around long term...
Posted by invester on :
Wow. Total Authorized Capital: $ 2,000,000.00
This sucks. What could have been if they didn't dilute. This looked like a Diamond in the rough.
Posted by Schwabie on :
BROKE THROUGH YESTERDAYS STRONG RESISTANCE AT .013
LOD .012
Today’s Price Performance as of 3:36pm EDT, 10/04/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.012 Last Price 0.01 -52.00% Today’s Change $0.02 Today’s Open 60,982,156 Above Avg. Today’s Volume
Posted by Doniboy on :
Well whatever, dancing on graves doesn't seem like fun to me. And I have never blamed anyone but myself for my plays. Skaerzzz group does bring stocks up abnormally high though, and I only play them when I know I am playing them (if you know what I mean). Today I didn't know.
Holding the bag here.....
quote:Originally posted by Repoman75:
quote:Originally posted by Doniboy: You know whats even more funny? People who enjoy it when others have a bad day. I wonder why that is....
I think it's that whole "Better you than me" mentality.
Posted by IMAKEMONEY on :
LMAO .011 WOW!!!!! THIS IS GOING BACK TO SUB-PENNY. Posted by Schwabie on :
LOD .01 !
Posted by mo-rydr on :
MM's got everyone's shares, now going back up!!!
.013
Posted by Schwabie on :
quote:Originally posted by mo-rydr: MM's got everyone's shares, now going back up!!!
.013
GOOD LUCK. THEY GOING BACK UP WITHOUT ME !
Posted by Schwabie on :
.014
Posted by mo-rydr on :
quote:Originally posted by Schwabie:
quote:Originally posted by mo-rydr: MM's got everyone's shares, now going back up!!!
.013
GOOD LUCK. THEY GOING BACK UP WITHOUT ME !
HaHa... yeah from the looks of it this probably won't get too far.
Posted by IMAKEMONEY on :
BOY THIS WAS ONE OF THOSE THAT THE FLOOR JUMPED UP AND HIT YOU IN THE FACE.LOL
Posted by Doniboy on :
I may have to hunt ole Raj down and give him a savage beating for this one....
Posted by Fuzzy1018 on :
today really sucked, glad its over
Posted by TINPOZ on :
i got in at .12 hope she climbs alittle tommorrow at least.
Posted by Repoman75 on :
Average down, wait for the next pump, and get out with a small loss. Not that hard to do.
Posted by TINPOZ on :
i mean .012 LMAO
Posted by IMAKEMONEY on :
WAY TO HAVE A PAIR,,TINPOZ
Posted by Schwabie on :
APPEARS SUPPORT HELD NEAR .013
.012 CLOSE
.01 LOD
.036 HOD
ANY ONE SEE MM CLYP IN ACTION IN THE MORNING ???
YOU ALL KNOW WHAT CLYP DOES.
THAT WAS AN EYE OPENER !
SHAKERZZZ WAS PUMPING IT IN IHUB AT 2:21 PM WHEN IT WAS AT .015 !
COULD BOUNCE. AM I GOING TO GET BACK IN ? NO
Today’s Price Performance as of 10/04/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.012 Last Price 0.01 -52.00% Today’s Change $0.02 Today’s Open 64,359,592 Above Avg. Today’s Volume
NATIVE AMER ENRGY GR - Nasdaq National Market: NVMG
most recent next page 4:07:32 PM EDT - Wednesday, October 4, 2006 - data is delayed 15 minutes
Posted by TINPOZ on :
i think there will be a slight rise in the early morning, than bottom will probably drop right out. just another invalued guess.....
Posted by Doniboy on :
Thats my plan Repo. Hopefully the next pump comes.
quote:Originally posted by Repoman75: Average down, wait for the next pump, and get out with a small loss. Not that hard to do.
Posted by doling2005 on :
quote:Originally posted by The Phat Man: this thread over the past few pages is f'n hilarious...
from "TO DA MOON... greatest find ever!... real value here! don't miss this boat! no shares left under .10 by friday!"
then to... "uh, oh yeah, anyone happen to know the O/S?" ... "uh, anyone happen to google Raj Nanvaan's name and see how many lawsuits have come up against him and his multiple aliases?"
(reality starting to sink in but not faster than the bid is moving down... uh, oh... here comes...)
"TO DA SH!T-HOUSE!!!" .... 'this sucks'... (said aloud with a thousand-mile-stare at the L2s on the computer screen)
oh yeah... we mustn't forget the blaming... cuz, of course, it's all shakerzz fault that the losers lost money. god forbid one has their own free will to rely on and doesn't sell when the stock hit a bid of .035, up nearly 35% from a 300%+ day yesterday and showed clear selling pressure from there on out.
and then, sadly, most end up losing out, a few make some modest gains, and some (ahem... invester?) are actually still in hoping for an averaging-down miracle or a double-neck sell. in which this POS will prolly deliver on in one form or another and everything i'm observing will begin and end again.
voila
LMAO!!!!!!
Posted by TINPOZ on :
alright DEN............
Posted by rivrwrat on :
alright so i lost my ass on this big pos today ... so as a newbie should i wait it out? what happpened? GOD THIS AINT FUN ANY MORE guess we all learn the hard way about doing your own DD but all the pumping has to stop HELP ME IM BROKE!
Posted by doling2005 on :
quote:Originally posted by rivrwrat: alright so i lost my ass on this big pos today ... so as a newbie should i wait it out? what happpened? GOD THIS AINT FUN ANY MORE guess we all learn the hard way about doing your own DD but all the pumping has to stop HELP ME IM BROKE!
Ok I'll give you a star
Posted by Doniboy on :
Sorry for your loss rivrwrat. All you can do is look for another play to make it back.
Posted by skip on :
I feel for you guys, but there was ample warning. Everyone just played it off. Or tried to say they called the company and the 1.2bil O/S was BS...
Who knows, maybe they will order a NOBO list, or buyback shares, or...
Kidding, but really, the company still has all of the good things going for it that were pointed out yesterday. Unfortunately, it's not gonna really move until they stop diluting.
Posted by doling2005 on :
No, it really isn't funny..don't feel bad, I took my money out of here and lost it in amre..which should bounce from here but hey, we gotta make it up on another stock like Doniboy said
Posted by Doniboy on :
Sounds like PHBT......anyone remember those losers?
Posted by sha6er on :
90 million share float
Posted by The Phat Man on :
quote:Originally posted by Repoman75: Average down, wait for the next pump, and get out with a small loss. Not that hard to do.
repo, i like your posts, but averaging down on this beast until the dust settles could be a death sentence. i wouldn't average down on this POS even if silver-dollar (or cork-screw pasta) shells were my only form of currency.
Posted by Schwabie on :
quote:Originally posted by The Phat Man:
quote:Originally posted by Repoman75: Average down, wait for the next pump, and get out with a small loss. Not that hard to do.
repo, i like your posts, but averaging down on this beast until the dust settles could be a death sentence. i wouldn't average down on this POS even if silver-dollar (or cork-screw pasta) shells were my only form of currency.
WELL PUT.
SAY IT WITH ME...
D I L U T I O N !
Posted by IMAKEMONEY on :
D I L U T I O N ! Posted by invester on :
This was setting up to be a story stock. GRRRR.
Posted by Doniboy on :
Well Look at the chart, seems like it runs a little once a month or so, when news is released. Hope they release some more soon.
Posted by Doniboy on :
I also sent another e-mail to the company asking them if Raj Nanvaan is also known as Tejbir Singh. The dude who was investgated by teh SEC...
I'll report what they say (if anyone still cares)
Posted by fryyguyy on :
Does anyone know if any of the OS is restricted??
Posted by JimSC on :
Don't blame the dilution. This is a pure group play. Get in early, and get out before the crowd next time.
Posted by rivrwrat on :
quote:Originally posted by Doniboy: Sorry for your loss rivrwrat. All you can do is look for another play to make it back.
thanks for the pep talk Im learning but... learning the hard way
Posted by doling2005 on :
quote:Originally posted by JimSC: Don't blame the dilution. This is a pure group play. Get in early, and get out before the crowd next time.
Listen to this guy, he's smart
Posted by doling2005 on :
quote:Originally posted by The Phat Man:
quote:Originally posted by Repoman75: Average down, wait for the next pump, and get out with a small loss. Not that hard to do.
repo, i like your posts, but averaging down on this beast until the dust settles could be a death sentence. i wouldn't average down on this POS even if silver-dollar (or cork-screw pasta) shells were my only form of currency.
Phat Man, can I be your agent? I want to get you on SNL
Posted by Doniboy on :
More like Mad TV writing, and that was canceled... Posted by klondike on :
quote:Originally posted by The Phat Man:
quote:Originally posted by Repoman75: Average down, wait for the next pump, and get out with a small loss. Not that hard to do.
repo, i like your posts, but averaging down on this beast until the dust settles could be a death sentence. i wouldn't average down on this POS even if silver-dollar (or cork-screw pasta) shells were my only form of currency.
ROFL!
Posted by sha6er on :
Morning all - hoping for some good movement today
Posted by invester on :
Bought 100k at .012. Even if they dilute all the way to 2billion shares, at .10 that’s 200m market cap. It all depends on how much oil they have. We will see.
Posted by Doniboy on :
I'm holding as well. Hopefully we have hit the bottom until the next pr.
Posted by Fuzzy1018 on :
I'm holding aswell, we'll go back up soon imo
Posted by invester on :
If these guys own all the shares, I would think they would cancel them. This would in turn make this baby run. I think they will. The move to the AMEX won’t happen if they don’t. It makes sense.
Posted by Repoman75 on :
It will pop at least once more... look at IGAI??? Every stock has at least a dead cat bounce.
Posted by BENJAMINS on :
Early Call guyz!!!..... check out PLRS !!!! Triple bottom possible bounce... Huge volume building up right now!!!....do your DD!!
Posted by Jo4321 on :
Sub-penny now. I guess I can add this to my list of stocks that I've lost more than 65% in.
I'm still green in my portfolio though (barely), but this certainly didn't help.
Not even a dead cat bounce today. Hey, my son's pet rat died yesterday....maybe we'll get a dead rat bounce?
Jo
Posted by Doniboy on :
Hey Jo. I remember reading your list once. It was fairly horrifying. Maybe this one will bounce a little and give you a better exit point.
Posted by Doniboy on :
painful today.
Posted by Jo4321 on :
quote:Hey Jo. I remember reading your list once. It was fairly horrifying. Maybe this one will bounce a little and give you a better exit point.
LOL, Doniboy! Horrifying, is a good word for it. It's still pretty horrifying. Fortunately, I'm in the green only through the saving grace of FRPT and a few other big board stocks. I am still working to eliminate some of my losers. Yesterday, I got rid of PRVH with a 38% loss and today I unloaded ACTC with a 69% loss.
Maybe if this one gets over a 50% loss I'll sell. This was one of the stupidest buys I made since my "turnaround". I could have made a good bit of change on it, but I took a sub job and I couldn't get the site on the school computers to sell when it was up at .03 etc!
Never gonna make that mistake again.
Jo
Posted by invester on :
I bought an additional 50k this AM. I think this one needs to be looked at again. They want to move to the AMEX, they own all the shares, so I think they will cancel 1b or so leaving 200m out. This makes sense.
Posted by Doniboy on :
Invester, Hope you're right man. I'm holding.
Jo4321, glad you're green. Good luck with your other plays. Don't chase any more runners, especially if you're buying with unsettled funds Posted by invester on :
Wow, up 50%!!!!
Posted by Wit on :
Up because of news.
Press Release Source: Native American Energy Group, Inc.
Native American Energy Group, Inc. Announces Insider Share Lockup Friday October 6, 9:45 am ET
FOREST HILLS, N.Y.--(BUSINESS WIRE)--Native American Energy Group, Inc. (the "Company" or "NAEG") (OTC Pink Sheets: NVMG - News) announced today the execution of Share Lockup Agreements for all of its Control Shareholders, Officers, Directors and Management Team. ADVERTISEMENT
The lockup agreements prevent each officer and director from selling any amount of their shares of NAEG stock for a period of 18 months. Presently, these shareholders combined own an aggregate of 895,000,000 shares of Native American Energy Group stock, representing approximately 73.1% of the current issued and outstanding shares.
Chief Financial Officer Raj Nanvaan of NAEG, stated, "We are encouraged by our recent growth and acquisitions and we, as management, are proud to have the opportunity to demonstrate our commitment and confidence in the Company's continuing growth by entering into a voluntary share lockup agreement. It is our responsibility, as the Management Team, to promote pride in ownership and be accountable to the shareholders for the Company's success. Native American Energy is committed to its expansion plan and enhancing its acquisitions, and to the further development of our oil & gas and renewable energy projects."
The Company also announced today, NAEG's IR Department has contacted Pink Sheets in order to correct any deficiencies and remove any unrelated items from the Company Profile on their website. Pinks Sheets will have these updates implemented and effective on their website within two business days, and has sent these changes to each email contact Pink Sheets has listed in its database. In an effort to keep the public aware of the Company's financial activities, NAEG wishes to inform stockholders and the investing public that there are no dramatic changes planned that would affect the current outstanding share structure. The recent forward split of the company's common stock bringing the outstanding share count to 1,224,542,418 has served to increase liquidity, giving the public greater opportunity, as the Company continues to document its progress. Shareholders are reminded that ALL corporate updates will be made solely through official press releases as and when they become available.
Posted by islandGirl on :
This is excellent news! Good luck everyone.
Posted by fryyguyy on :
This is great news. Should build confidence again in the stock.
Posted by Doniboy on :
Nice news Posted by Doniboy on :
Too many bagholders exiting for the run up. Maybe new money will buy in. Not sure though. A lot of people got screwed the other day.
Posted by tompom on :
i´m in at .012
Posted by invester on :
I bought an additional 50K just now, 200k. I feel these guys will do the right thing and cancel the shares. The want to move to the Amex.
Posted by Doniboy on :
lets break these .14's
Posted by Schwabie on :
quote:Originally posted by Doniboy: Too many bagholders exiting for the run up. Maybe new money will buy in. Not sure though. A lot of people got screwed the other day.
EXTREMELY LOW VOLUME COMPARE TO 41 MILLION AND 70 + MILLION
SURE DOESN'T LOOK LIKE NEW MONEY IS COMING IN ATM.
TOO MANY GOT BURNED.
Posted by Doniboy on :
well, Schwabie if this can hold it gains today, many may see it as positive. Rather than the horror show that went on a few days ago.
Posted by invester on :
It’s not about where it’s been, it’s about where it’s going. I had to take a second look at this. I'll be holding this now. The market cap even at this level is way undervalued.
Posted by Doniboy on :
What is the cap right now? Like 16 million?
Posted by invester on :
quote:Originally posted by Doniboy: What is the cap right now? Like 16 million?
Yes.
Posted by Doniboy on :
What do you think that it "should" be?
Posted by fryyguyy on :
I think that too many got scared the last couple days. They only burned themselves. This company so far has been honest and has tried to help the shareholders.
They want to get rich too. With that many shares they have locked up.
Posted by islandGirl on :
I wonder why the volume keeps bouncing between 13,240,301 and 13,290,301.
Posted by StockSampler on :
I posted it on HSM so I'll post it here as well..
I am suprized there aren't more people talking about this. They have a working well with oil that used to be drilled by Exxon. The only reason Exxon left the well is because there was too much water, and back in 1984 it was to expensive to seperate the two. Nowadays, it doesn't cost much. They were getting 60 barrels an hour! Once this thing starts producing we will be making good money. Now they come out and say that they are restricing 75% of the O/S! C'mon people this is a gold ... errr oil mine!
Posted by Schwabie on :
I DON'T GET IT.
SO WE ARE SUPPOSED TO TAKE THE WORK OF A PINKY
THAT THE REMAINDER OF THE SHARES WILL BE ON LOCKDOWN ?
I THINK NOT.
HOW MANY TIMES HAVE YOU HEARD... COMPANY POLICY...
NO REVERSE SPLIT... THEN GUESS WHAT THEY DO ?
ANOTHER THING... IT SAYS "Control Shareholders"
NICE PHRASING.. WHAT ABOUT UNCONTROLLED ?
NOT IMPRESSED !
Posted by Doniboy on :
Well it looks like good news to me Schwabie. If the OS was bothering people and now they said that most of it is restricted....well thats good. But of course you may not believe them. I guess that can be true of any Pinkie though...so if we don't invest in what we can't verify....and all Pinkies could be liars...then why are we here??? Posted by islandGirl on :
I heard that!! Posted by Schwabie on :
quote:Originally posted by Doniboy: Well it looks like good news to me Schwabie. If the OS was bothering people and now they said that most of it is restricted....well thats good. But of course you may not believe them. I guess that can be true of any Pinkie though...so if we don't invest in what we can't verify....and all Pinkies could be liars...then why are we here???
SO THIS ISN'T DISNEY WORLD ?
OMG I BEEN IN THE WRONG PLACE ALL ALONG !
LMAO
Posted by Doniboy on :
I lOVE DISNEY WORLD...however, I think I soent more at a Disney world park in one day then I have lost in all of Pinkie Land..... I wish I owned that Park....
Posted by invester on :
quote:Originally posted by Doniboy: What do you think that it "should" be?
It all depends on the amount of oil. The contracts states "on going", its not a spot contract. They have basically stated no dilution. They have been forthcoming, and are locking up shares. This tells me they are paying attention. I have emailed the company with some thoughts, and questions. I will post when they respond.
Posted by Schwabie on :
.012 PPS !
RIGHT SMACK CENTER
LOD .01
HOD .015
STILL NO VOLUME
Posted by fryyguyy on :
Hey schwabie,
just for me can you type one message in non-caps. I just want to see if you can do it. LOL
Posted by Schwabie on :
I CAN'T DO IT... I JUST CAN'T DO IT MAN !
LMAO
Posted by Schwabie on :
Today’s Price Performance as of 3:52pm EDT, 10/09/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0080 Last Price 0.0025 -23.81% Today’s Change $0.01 Today’s Open 4,554,710 Below Avg. Today’s Volume
Posted by Fuzzy1018 on :
should bounce from these levels imo
Posted by Fuzzy1018 on :
have we hit the bottom yet?
Posted by Schwabie on :
quote:Originally posted by Fuzzy1018: have we hit the bottom yet?
IF WE THROW A ROCK IN A WELL AND THERE IS NOBODY AROUND.
DO WE REALLY KNOW IF IT REALLY HIT BOTTOM ?
CAN YOU PROVE TO ME YOU HEARD THE SOUND OF MM'S LAUGHING AT YOU ?
I THINK NOT !
THE ONLY WAY I AM 100 % SURE IT HIT BOTTOM IS IF IT
GOES ALL THE WAY DOWN TO .0001 !
BUT THEN AGAIN... THERE IS ALWAYS R/S !!!
LMAO
Posted by J_U_ICE on :
NVMG Granted License to Build Affordable, Safe, Energy-Efficient Homes on All Federally Recognized U.S. Indian Reservations
Business Wire "US Press Releases "
FOREST HILLS, N.Y.--(BUSINESS WIRE)--
Native American Energy Group, Inc. (the "Company" or "NAEG") (OTC Pink Sheets: NVMG), a company that specializes in locating and revitalizing shut-in production and/or abandoned oil fields on and off tribal lands, is pleased to announce that on October 4, 2006, the Company signed a Joint Venture Profit Share Agreement with homebuilder, Eurowest Panel Homes Ltd., a corporation organized and existing under the laws of the Province of Alberta ("Eurowest"), in which Native American Energy Group (NAEG), as Master Licensee, was granted an exclusive, non-transferable right to use the Patents, Trade-marks and the Systems Knowledge in connection with the Licensee's manufacture, sale and distribution of CSPS, and related products, as well as the use of the Patents, Trade-marks and Systems Knowledge, within the Territory (the "License"). Said Territory includes all 562 Native American Indian Tribes and all Native American reservations in the Unites States recognized by the United States Department of Interior - Bureau of Indian Affairs, as well as and including, the non-tribal lands in the following states in the Northwest Region of the United States of America: Montana, Wyoming, North Dakota, South Dakota, Idaho, Oregon, Washington.
NAEG's CEO, Joseph D'Arrigo, stated, "We've been helping the native Montana community of Fort Peck, where our Company is established, to use their energy resources as the foundation for building a stable economy... since oil is NAEG's main business, however, our study of this area has lead our Board to conclude that a multi-faceted approach was really in order. This joint initiative with Eurowest, at once, provides access to the affordable housing market on the reservations, and throughout the northwestern U.S. to our Canadian Partner, while at the same time it allows NAEG the chance to help expand homeownership opportunities within Native American communities here and elsewhere by creating safe, efficient, affordable housing. Therefore, Eurowest Panel Homes Ltd. and Native American Energy Group, Inc. (NAEG), the Licensee, will operate on a (50% / 50%) fifty / fifty profit share basis regarding all net profits after expenses on this particular project. The protocol also calls for a jointly owned manufacturing plant to be established on the reservation, and a complete technology transfer." "Upon our receiving the approvals," D'Arrigo added, "upon introducing this technology to Indian Country, Eurowest will supply a 'model home' to be placed at an agreed location for marketing the Eurowest Panel Home Technology."
About the Eurowest Technology
Eurowest has developed a unique, cost-effective method of manufacturing a Cellular Cement Filled Steel Panel System for residential homes, commercial buildings, warehouses, farm buildings and other structures that has been perfected during the past several years, and a patented process which also includes a Polymer Stucco Coating on the exterior and interior of the steel panels referred to as the "Eurowest Panel System." The Joint Venture will also market the value added on products such as the solar panels, water and sewage treatments and garbage handling technologies.
The "Eurowest Panel System" offers significant advantages over the conventional wood-framed, log, stone, concrete and brick buildings:
-- Reduced overall cost
-- Reduced manufacturing and erection time
-- Easy to mass produce in any part of the Globe
-- Requires only minimal skills to erect
-- Easy to assemble or disassemble and move
-- Superior strength
-- Will not shrink, warp, split, swell, rot, or rust
-- Withstands winds in excess of 200 km/hr
-- Earthquake resistance to seismic zone 4
-- Fire-resistant
-- Burglar resistant
-- Termite and rodent proof
-- Lower Insurance Cost
-- Preservation of trees
-- Steel is 100% Recyclable
Eurowest has been operating its research and design, prototype plant at a facility in Northeast Calgary, just North of NAEG's oil & gas operations, which are just 60 miles from the Canadian border. Eurowest also has an office in the Philippines whereby factory plant equipment required is manufactured. During 1999, Eurowest established a connection with Mexico when it contracted to build 100 homes there, and the company began to receive some favorable press. A newspaper article entitled, "Calgary firm ships prefab homes to Mexico" can be seen at the following link that also includes a current photograph of a one of their finished houses:
An "Immediate Need" of 200,000 housing units is estimated in Indian country, * and approximately 90,000 Native families are homeless or under-housed. * (U.S. Commission on Civil Rights, "A Quiet Crisis: Federal Funding and Unmet Needs in Indian Country," 2003) The average cost of a new home on a reservation is $125,000. (U.S. Department of Housing and Urban Development (HUD), 2003), however, the Native American homeownership rate is estimated to be as low as 33%, lowest among all ethnic groups and less than half the rate for the general U.S. population. ("Homeownership in Indian Country," The Enterprise Institute, 2004)
Statement of Pattye Green, Senior Business Manager, Fannie Mae Speaking before the Committee on House Financial Services Subcommittee on Housing and Community Opportunity on July 31, 2006, Pattye Green emphasized that, "Finding ways to create affordable housing opportunities for Native American families living on tribal lands is one of the toughest challenges we face. ...We all know too well the statistics regarding Native American housing. The homeownership rate on reservations is 41 percent, well below the national average of 68 percent. Native Americans have chronic housing problems -- overcrowding, substandard conditions, inadequate infrastructure and a lack of affordable financing. According to the National American Indian Housing Council, nearly 33 percent of homes on tribal lands-more than six times the national average-are overcrowded, less than half of the homes in Indian Country are connected to public sewer systems, and 16 percent of these homes lack complete indoor plumbing. Almost half of Indian households pay more than 30 percent of their income for housing expenses, compared to 23 percent of all households in the U.S." In addition, she stated however that, "Fannie Mae has worked closely with tribes and other housing partners to support both the construction of new units and rehabilitation of existing units through investments in low- income housing tax credit investments (LIHTC), collateralized revenue bonds, and HUD guaranteed Native American Housing Assistance and Self Determination Act (NAHASDA) Title VI loans. We have also begun to provide Tribal Housing Authorities with additional financing via our Community Lending business channel to help bridge funding gaps during the construction phase of their developments."
Conclusion
Back in May of this year, Joseph D'Arrigo, Chief Executive Officer, and Raj Nanvaan, Chief Financial Officer of Native American Energy Group attended the Council of Energy Resource Tribes conference (CERT) in Denver Colorado where they had the opportunity to meet with directors and administrators from various organizations such as the U.S. Department of Housing & Urban Development (HUD), U.S. Department of Energy (DOE), as well as, Joe Garcia, the President of the National Congress of American Indians (NCAI). These organizations work together in promoting self determination among Native American tribes in the United States by implementing programs and workshops to educate, guide and assist them in achieving their objectives, and to promote economic development in these various regions.
Since then, NAEG has been in contact with these organizations as well as housing authorities of many reservations in the country to implement a plan of action geared to assist Indian Country in meeting this demand of over 200,000 homes. This action would not only provide housing for those in need, but also stimulate the economies by providing employment opportunities, as well.
Safe Harbor Statement: This News Release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities & Exchange Act of 1934, as amended, with respect to corporate objectives, projections, estimates, operations, acquisition and development of various interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.
Source: Native American Energy Group, Inc.
Posted by Fuzzy1018 on :
yes, huge news
Posted by tompom on :
not as huge as the shell-news, but big enough to get back in
Posted by Jo4321 on :
She's moving up 25%!
Posted by Fuzzy1018 on :
.01 getting hit
Posted by Fuzzy1018 on :
lookin good .011 now
Posted by bmarley57801 on :
UT ON the bid
Posted by Fuzzy1018 on :
this is some bull****, ,dropped it for no reason after a nice news
Posted by The surgeon on :
starting to move now
Posted by Jo4321 on :
NAEG Acquires Mason Oil Lease in Former Exxon Field: Core Sample Reveals Bakken Section Business Wire - October 12, 2006 09:53
FOREST HILLS, N.Y., Oct 12, 2006 (BUSINESS WIRE) -- Native American Energy Group, Inc. (the "Company" or "NAEG") (OTC Pink Sheets: NVMG), a publicly traded, independent energy company that, in Aug 2006, announced its initial oil and natural gas production on the Fort Peck Indian Reservation, is pleased to announce that it has acquired the Mason Oil Lease, located on the Poplar Field in northeast Montana. Although shut-in, the Mason is a well that lines up with the current Bakken trend within NAEG's targeted leasing area. Bearing in mind that modern, horizontal drilling techniques have made the Bakken zone a well-known producing formation, this acquisition becomes the latest in a series of acquisitions that have strengthened NAEG's presence in Montana, while increasing its proven & probable reserves and Bakken production potential.
Exxon hit the first discovery well in the Poplar Field in 1951. They operated their wells for a while and then other oil companies like Murphy Oil and Ballard came into the area. A total of 350 wells were drilled in the field and the average amount of production from most wells was 500 BOPD. The formation from which they have primarily produced was the Mission Canyon section of the Charles formation in the Mississippian Period. Research indicates that originally they shot the wrong zone and didn't see commercial amounts from the Mason, and shut the well in. Century Oil went back in and shot another section and operated the well for a while. The last production on the Mason was around 50 BOPD. It had good shows in the Mission Canyon and Charles C section, also good shows in a 20-foot section called the Nisku. Significant to NAEG is that the Mason Well was cored... and the records and an examination by NAEG's Geological team of the core sample have revealed a "Bakken" section at 7250 feet. It is to NAEG's advantage that modern horizontal drilling techniques of recent years now enable operators to economically tap into the real potential of the Bakken formation; whereas, back in the 1950's & 60's oil companies simply gathered the oil that was being plentifully released from the zones in the better known producing formations of their time from the conventionally drilled, vertical wells that they owned, and then they basically moved on, leaving much in untapped reserves behind.
Multi-Year Play
Joseph D'Arrigo, President and Chief Executive Officer of Native American Energy Group commented, "NAEG's expansion is being led to the horizontal middle Bakken play, so I want to take a moment with our shareholders to explain how value is being added. In addition to the wells we have re-worked and completed, we have also had our field operators continuously evaluating the drilling results of other operators in the Williston Basin area. The region was plenty active with drilling programs this year. Since 2001, over 250 new wells have been drilled and completed. Conventional wells in the Bakken Play showed about a 95% success rate and, importantly, there was only a tiny percentage of dry holes. The investor sees little risk and very big rewards in such a scenario. In Richland County, for instance, wells typically produce at initial rates of 200 to 600 barrels of oil per day, after completion, and gas volumes range from 50-300,000 CFGPD. Reserves per well are estimated from 350,000 to 500,000 barrels of oil. There are exceptions to this average which is directly related to the size of your pocket book, the location of the properties, and the right combination of drilling and completion technologies. EOG Resources, Inc. (owned by Continental Resources) stands alone as the leader, with 2000-5000 BOPD being common to this group, along with twice the norm in gas production."
Mr. D'Arrigo continued, "Bottom line is, the NAEG team has therefore outlined as many as 10 exploratory wells within or adjacent to the Middle Bakken fairway that can be scheduled to begin in 2007. These are to be drilled throughout the 25,000-acre leasehold to determine the Bakken production potential for NAEG. The spacing could be an issue, I am told, but we feel that 640-acre unit spacing will be the norm. I am pleased to say that the budget for the drilling program will be 50% less than current cost due to the utilization of existing wells on the acreage initially. The elimination of the drilling costs associated with the existing 6500' wells, the Company's own logging and completion services, and our extensive geological research of the area will help position us for a successful future. There should also be additional locations remaining to be drilled well beyond 2007. Some will be grassroots. In that regard, I would anticipate that some wells are likely to be joint-ventured, since we are open to this avenue, while others will be re-entry wells. We intend to bring our production rates gradually up to speed, however, we are also aware that we must have plenty of leased acres for drilling in order to continue the pace. Therefore, we are concentrating a great deal on NAEG's oil and gas property acquisition program. As we endeavor to enhance our results and improve our position, a significant increase over our 2006 activity can be expected. 3-D seismic surveys, a horizontal Bakken formation program employing NAEG's cutting edge oil & gas perforation and proprietary, down-hole oil & gas stimulation technology all are planned for 2007 on NAEG's Bakken wells in the Williston Basin."
NAEG's previous achievements can be accessed
Posted by TINPOZ on :
big flip, they hit 40 yrs. ago there, we dont care tell us you hit again. this thing is almost as dry as their land. and im not a bashing im holding to but who cares if the lands not producing????????????
Posted by invester on :
An average of 500 Barrels per day a piece out of 350 wells.
175,000 per day 5,250,000 per month $315,000,000 per month? Holy sh!t!!!!
That's $3,780,000,000 a year!!!!!!!
Native American Energy Group, Inc. (OTC: NVMG) - Thursday's shares decreased 18.75% to $0.0065 per share with a total of 3,304,317 shares traded. The company announced its initial oil and natural gas production on the Fort Peck Indian Reservation, is pleased to announce that it has acquired the Mason Oil Lease, located on the Poplar Field in northeast Montana. Although shut-in, the Mason is a well that lines up with the current Bakken trend within NAEG's targeted leasing area. Bearing in mind that modern, horizontal drilling techniques have made the Bakken zone a well-known producing formation, this acquisition becomes the latest in a series of acquisitions that have strengthened NAEG's presence in Montana, while increasing its proven & probable reserves and Bakken production potential. Exxon hit the first discovery well in the Poplar Field in 1951. They operated their wells for a while and then other oil companies like Murphy Oil and Ballard came into the area. A total of 350 wells were drilled in the field and the average amount of production from most wells was 500 BOPD. The formation from which they have primarily produced was the Mission Canyon section of the Charles formation in the Mississippian Period. Research indicates that originally they shot the wrong zone and didn't see commercial amounts from the Mason, and shut the well in. Century Oil went back in and shot another section and operated the well for a while. The last production on the Mason was around 50 BOPD. It had good shows in the Mission Canyon and Charles C section, also good shows in a 20-foot section called the Nisku. Significant to NAEG is that the Mason Well was cored... and the records and an examination by NAEG's Geological team of the core sample have revealed a "Bakken" section at 7250 feet. It is to NAEG's advantage that modern horizontal drilling techniques of recent years now enable operators to economically tap into the real potential of the Bakken formation; whereas, back in the 1950's & 60's oil companies simply gathered the oil that was being plentifully released from the zones in the better known producing formations of their time from the conventionally drilled, vertical wells that they owned, and then they basically moved on, leaving much in untapped reserves behind.
Native American Energy Group (NAEG) is a publicly traded, independent, energy company that has established its infrastructure and operations on the Fort Peck Indian Reservation in N.E. Montana. The company specializes in acquiring and revitalizing abandoned oil fields with substantial known reserves in place, as well as, introducing energy alternatives such as wind & geothermal energy solutions. We spotlight oil fields which were previously developed and capped due to depressurization, production falling below commercial levels at that time, or in situations in which oil & gas leases were terminated by the tribal governments due to improper development and/or refusal to simply employ Native Americans.
Posted by invester on :
1.2 billion outstanding, so what. Book value is over $3 on this. Major buy!!!!
Posted by Doniboy on :
No volume at all.
Posted by Schwabie on :
Today’s Price Performance as of 9:48am EDT, 10/13/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0060 Last Price 0.0005 -7.69% Today’s Change $0.0065 Today’s Open 2,415,000 Above Avg. Today’s Volume
Posted by Schwabie on :
DILUTION ? PANIC ? I WANT MY MOMMY !
Today’s Price Performance as of 10:02am EDT, 10/13/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0056 Last Price 0.0009 -13.85% Today’s Change $0.0065 Today’s Open 2,575,000 Above Avg. Today’s Volume
Posted by Schwabie on :
Today’s Price Performance as of 10:28am EDT, 10/13/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0055 Last Price 0.0010 -15.38% Today’s Change $0.0065 Today’s Open 4,360,000 Above Avg. Today’s Volume
Posted by invester on :
Schwabie you basher. LoL
Posted by Investicon67 on :
quote:Originally posted by invester: 1.2 billion outstanding, so what. Book value is over $3 on this. Major buy!!!!
Posted by Schwabie on :
quote:Originally posted by invester: Schwabie you basher. LoL
Today’s Price Performance as of 10/16/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0050 Last Price 0.0005 -9.09% Today’s Change $0.0060 Today’s Open 2,935,050 Below Avg. Today’s Volume
NATIVE AMER ENRGY GR - Nasdaq National Market: NVMG
Today’s Price Performance as of 12:26pm EDT, 10/17/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0055 Last Price 0.0005 +10.00% Today’s Change $0.0055 Today’s Open 6,672,000 Below Avg. Today’s Volume Bid 0.00 size 0 Ask 0.00 size 0 Market Capitalization $0.00 Day's Range $0.0055 - 0.0070
Posted by Schwabie on :
THIS IS THE BIGGEST VOLUME IN A WHILE.
Today’s Price Performance as of 2:07pm EDT, 10/17/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0055 Last Price 0.0005 +10.00% Today’s Change $0.0055 Today’s Open 7,322,000 Below Avg. Today’s Volume
Posted by Schwabie on :
NO VOLUME !
Today’s Price Performance as of 9:45am EDT, 10/18/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0055 Last Price 0.0003 -5.17% Today’s Change $0.0060 Today’s Open 14,000 Below Avg. Today’s Volume
Posted by Schwabie on :
UPTICKING ON LOW VOLUME.
Today’s Price Performance as of 10:41am EDT, 10/18/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0064 Last Price 0.0006 +10.34% Today’s Change $0.0060 Today’s Open 926,575 Below Avg. Today’s Volume
Posted by tompom on :
rolling now!
Posted by cactus33 on :
quote:Originally posted by Schwabie:
quote:Originally posted by cactus33:
quote:Originally posted by doling2005: NVMG will bounce big from here
Today’s Price Performance as of 12:26pm EDT, 10/17/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0055 Last Price 0.0005 +10.00% Today’s Change $0.0055 Today’s Open 6,672,000 Below Avg. Today’s Volume Bid 0.00 size 0 Ask 0.00 size 0 Market Capitalization $0.00 Day's Range $0.0055 - 0.0070
another genius call huh schwab, lol long live the buster.. i think it was doling.. brought this up days ago.. lol nice one doling..
Posted by Schwabie on :
Today’s Price Performance as of 1:02pm EDT, 10/18/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0090 Last Price 0.0032 +55.17% Today’s Change $0.0060 Today’s Open 3,064,575 Below Avg. Today’s Volume
Posted by Investicon67 on :
I got in at .03, hahaha ouch.
Posted by bmarley57801 on :
this is .01 ready....
Posted by whats4dinner? on :
.008 is it to late to get in or is it gonna dip again down to .005?
Posted by Schwabie on :
quote:Originally posted by Investicon67: I got in at .03, hahaha ouch.
Ok guys, let's all just make some money here...
Posted by whats4dinner? on :
Nice one Schwabie. I missed the train on this one. With OTHER STUFF And busy Schedule.
Will be in Orlando next week. Hope the weathers good on Thursday, gotta pick and roll to Dallas by Saturday and back in California on Monday. Fly in, Drive out... lol.
Posted by doling2005 on :
quote:Originally posted by whats4dinner?: Nice one Schwabie. I missed the train on this one. With OTHER STUFF And busy Schedule.
Will be in Orlando next week. Hope the weathers good on Thursday, gotta pick and roll to Dallas by Saturday and back in California on Monday. Fly in, Drive out... lol.
You're joking right?
Posted by doling2005 on :
NOBO LIST COMING!!!
Native American Energy Group Orders NOBO List to Clarify Ownership and Address Potential Short Positions Tuesday October 17, 11:02 am ET
FOREST HILLS, N.Y.--(BUSINESS WIRE)--Native American Energy Group, Inc. (the "Company" or "NAEG") (OTC Pink Sheets: NVMG - News) announced that it has ordered the latest NOBO information for analysis and comparison in order to clarify all owners of its issued and outstanding shares and address potential short positions in NAEG's stock that management believes needs to be researched and examined to ensure integrity in the marketplace for its shares. ADVERTISEMENT
The NOBO list is a non-objecting beneficial owners list that offers the names and share positions of the clients of banks and brokers who hold their positions in street name. Company management elaborated that it will analyze current NOBO information to monitor shifts in shareholder positions, verify (non-objecting) beneficial owner and institutional positions, and collate NOBO provided data with that of other Company sources including the Company's transfer agent list.
After comparing the NOBO list to the current transfer agent list, the company will be able to determine if there is a share imbalance or a significant failure to deliver position in their stock. If the Company's research and examination does find an imbalance in regards to the reported short positions, the company will act to correct the problem.
"We will diligently review, examine and, in effect, audit our share numbers to give the Company a concise look at the specific ownership positions of NAEG's shares. The use of this information will increase the Company's visibility and emphasize our resolve to increase shareholder value through the fair and proper market valuation of our stock," commented, Director Richard Ross.
doling2005, Can you find anything on Eurowest Panel Homes Ltd? if you can that's awesome, if there's nothing out there it should raise suspicion.
Posted by whats4supper? lol.. on :
doling2005. No I'm not joking...
Picking up a rare item. $$$$$$ thats six zeros.. ahhh yepp.
Posted by doling2005 on :
let's continue up Posted by Schwabie on :
Today’s Price Performance as of 10:00am EDT, 10/19/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0075 Last Price 0.0015 -16.67% Today’s Change $0.0090 Today’s Open 262,777 Below Avg. Today’s Volume
Posted by Schwabie on :
LOD .007
Today’s Price Performance as of 11:53am EDT, 10/19/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0070 Last Price 0.0020 -22.22% Today’s Change $0.0090 Today’s Open 1,535,368 Below Avg. Today’s Volume
Posted by Schwabie on :
LOD .0065
Today’s Price Performance as of 2:19pm EDT, 10/19/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0065 Last Price 0.0025 -27.78% Today’s Change $0.0090 Today’s Open 1,906,368 Below Avg. Today’s Volume
Posted by Schwabie on :
LOD .006
Today’s Price Performance as of 9:57am EDT, 10/20/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0060 Last Price 0.0005 -7.69% Today’s Change $0.0065 Today’s Open 401,000 Below Avg. Today’s Volume
Posted by doling2005 on :
IN for another bounce..whoopie back to .005 trade it...
Posted by Schwabie on :
LOD .0055
Today’s Price Performance as of 10:12am EDT, 10/20/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0055 Last Price 0.0010 -15.38% Today’s Change $0.0065 Today’s Open 864,000 Below Avg. Today’s Volume
Posted by doling2005 on :
NOBO list coming...this thing trades from .005 to .009 buy and wait...
Posted by doling2005 on :
ask now at .007
Posted by doling2005 on :
rock bottom hoping for .008 again..
Posted by doling2005 on :
buy low sell high..buy the quiet..rock bottom..trading this all week..
Today’s Price Performance as of 1:37pm EDT, 10/20/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0050 Last Price 0.0015 -23.08% Today’s Change $0.0065 Today’s Open 4,590,071 Average Today’s Volume
Posted by IMAKEMONEY on :
Posted by Schwabie on :
LOD .0045 !
Today’s Price Performance as of 12:36pm EDT, 10/24/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0045 Last Price 0.0010 -18.18% Today’s Change $0.0055 Today’s Open 1,902,770 Below Avg. Today’s Volume
Posted by Schwabie on :
LOD .0044 !
Today’s Price Performance as of 10:01am EDT, 10/25/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0045 Last Price 0.0004 -8.16% Today’s Change $0.0050 Today’s Open 771,000 Above Avg. Today’s Volume
Posted by doling2005 on :
Great bounce opportunity here chart shows rock bottom.. play it
at least schwabie.... If you scroll from the bottom up it looks like the stock is going up. Just ignore the dates!
Posted by Schwabie on :
LOL !!!
GOOD ONE BOODOG.
YOU SEE WHAT HAPPENED WITH VMDG...
MAN ITS CHANGING SO MUCH SO FAST. I CAN'T KEEP TRACK OF IT
Posted by BooDog on :
Symbols in a blurrrrrrrr
Posted by Schwabie on :
VMDG STOCK
MAN BOODOG...
HOPEFULLY IT MERGERS SO MUCH THAT WE LOSE TRACK OF IT AND IT EVENTUALLY MERGES WITH EBAY
LMAO
Posted by Schwabie on :
THIS COULD GO LOWER TOMORROW...
BUT HELD ITS GROUND TODAY AT .0045
LOD .0044
Today’s Price Performance as of 10/25/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0045 Last Price 0.0004 -8.16% Today’s Change $0.0050 Today’s Open 5,906,000 Average Today’s Volume
Posted by Schwabie on :
NEW LOD .0043 !
Today’s Price Performance as of 2:55pm EDT, 10/26/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0043 Last Price 0.0002 -4.44% Today’s Change $0.0050 Today’s Open 1,539,250 Below Avg. Today’s Volume
Posted by doling2005 on :
Today’s Price Performance as of 10/30/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0035 Last Price 0.0006 -14.63% Today’s Change $0.0041 Today’s Open 5,185,399 Average Today’s Volume
Posted by The Phat Man on :
huge P&D scam with this POS. i feel for the people who bought in only a couple weeks ago at .03 and above.
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missed the Er for Or..Pardon invester
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