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Re: [sharechat] strong buying in NOG


From: "Derek Watt" <watt250@hotmail.com>
Date: Thu, 07 Sep 2000 08:39:39 NZST


Warner,
I'm not expecting such a big surge this time since the last Well 
(Hochstetter)pretty well hyped with a big publicity campaign etc
Also if it had paid off the shares could have easily gone over $10
each ($200 a share was bandied around at one stage, this figure seems a bit 
silly now in hindsight).

This time if the options reach 7.5c I'll be quite happy.

No big $? yeh you're right, If I had I'd probably just hand my portfolio 
over to David McEwen & go on holiday. Then again, that wouldn't be so 
interesting and I guess I'd have to find myself another hobby.

Regards,
Derek



>Thanks Derek, I see they got dragged up with about a 40c trail.
>Seems a big premium (to 70c) but if it does it again I can see
>your idea; gains could give you 300% or more. Hadn't checked the opts 
>chart. No big $ I take it?
>R
>warner

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