Thursday, November 8, 2012

OIL EXPLORATION DRILLING COMPANY IN BELIZE, PENNY STOCK STUCK AT .17 CENTS.

NEW OIL WELL DRILLING COMPANY PENNY STOCK, STUCK AT .17 CENTS RIGHT NOW.  MARKET CAP OF $40 MILLION. More than one way, to make money off drilling for oil.  You don't actually have to find oil to do so. 



  Ok, Innovate, I am not so sure about the oil billions at Blue Creek. So I am not sure it can have any real affect on the Superbond situation.
    I just did some checking and New World Oil & Gas still sits as a penny stock at the low end of it's 52 week trading range at .17 cents a share. With a market cap of $40 million. Right now the market does not think that there is billions worth of oil at Blue Creek.
    I also hear from a usually reliable source that the oil production at Spanish Lookout is dropping like a stone. Maybe it's like half of it's peak right now.
    So I hope they find some oil soon. They (GOB) need the money.

    According to the New World chief in one of their paid news releases:

    "New World CEO William Kelleher said, "Having reduced the geologic risk of our Belizean prospects by 60 percent through a successful multi stage seismic program and now commenced drilling, we will be in a position to judge whether we have made an oil discovery by mid November 2012."


     Ok. well mid-November is in one week.
     Let's hope it's a gusher....

2 comments:

Ganesh kartik said...

Awesome article…


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