Forum Archive Index - February 2000

[Rae Kerr <raekerr@xtra.co.nz>]

Harley D Betts wrote:

> I notice these are being thumped today... I kind of expected this to
> happen as traders get out ahead of the drilling results (that's why I sold
> 60% of my NOGOB holding at 20c to lock in a profit) - but aside from
> traders bailing out and the negative result from the first target at
> Corvus-1 is there any good reason for the shares/options to dive so
> steeply?  It will be an interesting couple of weeks ahead for this stock
> with the Hochstetter results due out soon.
>
> Cheers, H.

Hello everyone

I am new to this share trading game, and have just last week discovered your
very interesting group. You may all have a chuckle at my first drama.

I to have had a bit of a downer with NOG/NOGOB as I bought 4000 NOG at
46.2cents last Thurs 17th and placed a sell order
Yesterday at  59cents only to find out this morning at 10.30 am that my sell
order had been rejected on the Access website. By this time the price was in
in a vertical dive. I had made a mistake in entering my shareholders number.
Sorted that, and immediately placed a sell order at market, and crossed my
fingers.  Turned out not so bad as the sale went through at  51cents giving me
a 9.3% profit in 5 days. Better than a poke in the eye!!

But my 10,000 NOGOB options bought on Monday at 18.2cents have descended to the
depths of 14cents thar abouts.
One can only hope that the shares will recover with some good news on the
Hochsetter hole.

wheew, ill get my breath back, while reviewing all the charts of the Investor
of the week competition entries.

See ya

Rae Kerr of Ellerslie


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