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Yes you may have a go at me for your mistakes with NWE, I did not make any... I actually played that company aswell as you played some of your resource plays EG Summit...
You aint got nothing on me Mackdunk...
keep snooping, dig harder, try and find something more than just 'NWE recommended to my grandma'...
Yes NWE was recommended to my grandma at that time when I posted it... "At that time", every indication pointed to full field production from the Puffin Fields in NE and SW at flow rates enought to put NWE at 50 cents per share, NPV (easily)...
it was 50c NPV at oil prices 40% lower...
We had all the flow testing results, I followed AED's reports of confirmed successful flow rates in the NE (majorly successful actually)... it all pointed to a good project... (just like Tui)... But AED happened to stuff it up at the completion end of the Project... NE Puffin was expected to flow at 35,000-40,000 BOPD...what we got was 6,000 BOPD... which came in big time under the gun.... but yet you shoot yours off like an AK47...
When first signs of Puffin field problems came to the market, Both AED and NWE started to run into big problems... at that stage I sold everything, and got laughed at on NWE SS for selling as low as 22c but got out average 25c, after going 'All in' at 16.8c ave...
NWE then ran to 35cents quickly after id sold... it then came down to 25cents... at that stage you tipped it in the comp.......
you picked little Norwest on the way down, you mug...
you said never to buy a stock in a downtrend!
You went into NWE Blind, mackdunk...
The old NWE and the new NWE were totally different and all the posts I made in the past therefore production effectively meant nothing...
The Real signal was when I sold one month before our competition started....
Take that for ethics....
Sometimes things change in the market, and as an investor you have to change with those times...
Mackdunk, you made a great move by selling your crappy resource stocks and running to cash.... what you should have done was sold those stocks and bought Oil....
Strat and I, and many many others have had the best run's we have ever had...
I am in a much better position now than if I had of Sold my oilers at 25-30k, and bought a house at 250k....
Now that house is worth 220k and my portfolio is worth 45-50k....
When this is over that 250k house will be worth 180k
Ive already saved 5-10 years off my future house Total loan term....
Winning this competition will just sweeten the deal....
One day you will give it up to me... and celebrate the fact that im on the quick road to success, compared to the 30 year SLOG term, to mid term life crisis...
....
mackdunk, yourve been towing the Grandma NWE line for awhile now...
I suggest you dig something else up on me....
Last week AED came out with some promising signals to your NWE investment (not mine)...
it appears as though YOUR pumping little company wil takes its share in drilling AC/P22 NE and possibly SW, before the comp ends...