Forum Archive Index - July 2001

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[sharechat] NZOG-great news !!!!!

From:	"AXL" <gregsmcd@hotmail.com>
Date:	Wed, 11 Jul 2001 21:15:47 +1200

I see today in the herald that NOG have overcome a major obstacle in starting work on the PIKE RIVER COAL SCHEME !!!!

When this all comes together it will add significant value to the shareholders in NOG.An issue of shares is proposed to shareholders at no cost on the listing of this coal company-first dedicated coal share issue in this country.

I believe their is the current political will in this government to see this scheme go ahead, The axeing of local jobs in forestry on the West Coast in a political move has damaged this Govt.The Labour party will I believe bend over backwards to promote job creation in this schemes location.

NOG is in my opinion, the best play in the market given the other good factors in its favour -high oil prices,good profit increase expected.....

Any other opinions on this stock????

AXL.

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