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I'm an avid investor actively searching for good opportunities in the market. I'm a graduate of C.W. Post university. Stocks have intrigued me since I was a teenager. I've been actively trading for the last ten years and am an every day guy currently working for Cablevision on Long Island. I... More
  • A Possibly Rare Penny : New Standard Enrgy 4 comments
    Jan 17, 2014 11:10 AM | about stocks: NWSTF

    New Standard Energy LTD : NWSTF. I did a little research on this reading up on Bakken plays and found this small company out in Austrailia which operates in the Canning and Cooper Basin (Australia). It's projected that this area will be in the top 7 for production and growth as far as shale plays go and that the oil and gas there will be coveted by world markets within' the next year. MHR and Chevron have recently picked up land there and as time goes on land will become scarce rewarding early investors greatly. To my understanding MHR has come to an agreement with New Standard Energy financing the projects. Don't quote me here. As you all know these types of stocks cary great risk and seldom pan out for the better. They can also be very difficult to open and close positions at your desired entry and exit points. Especially for small fish that aren't paying more that a 9.99 fee to seal the deal. It is traded over the grey markets and the name speaks for itself. My theory is that with great risk comes great reward and the early bird gets the worm on this so do some research and read up. I believe the story holds water and may in fact be worthy of a small investment that is not going to hurt you if it disappears. But if it doesn't and I'm right on this.. You will probably receive fliers on this company in the mail from abstract individuals within' the year and by that time.... Well... hope you read this today cause it's to late and don't touch it.

    My other driving factor on this investment is the fact that the management team over at Magnum Hunter Resources (MHR) has been outstanding over the past year and any company working hand in hand with them immediately gets credit in my book. Upon further reading I believe that they have not yet moved into Australia but all things being said there will be a vote on January 20th and I believe that the project will move forward.

    Happy Trading

    Disclosure: I am long NWSTF, .

    Additional disclosure: I am also long MHR

    Stocks: NWSTF
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Comments (4)
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  • mitchjl
    , contributor
    Comments (298) | Send Message
    I like the stock for a long term investment. Also MHR is pushing this Company. Not much to lose @.$.17pp/s.
    25 Jan 2014, 05:42 PM Reply Like
  • Smiannarone
    , contributor
    Comments (93) | Send Message
    Author’s reply » I'm with you on that. I was trying to get a confirmation from management on the deal and the ticker for New Standard Energy. Couldn't get through and they didn't call me back. I have to try again. Grey market stocks are all ways risky but I feel this play will be very clearly the early bird gets the worm.
    21 Feb 2014, 05:37 PM Reply Like
  • TopDoggie
    , contributor
    Comments (608) | Send Message
    I think they also own a nice chunk of Elixir. Elixir has be accumulating land in the same area as NightHawk in Colorado.
    27 Jan 2015, 12:49 PM Reply Like
  • TopDoggie
    , contributor
    Comments (608) | Send Message
    I still like the assets they have. They also picked up some nice leases in Texas and have some production. Things were looking good until the oil price collapse. Now their shares are trading at .0085 a share. If they can't get any funding they will start to lose their leases. If they come out with any kind of news on funding it will go back up to .02 that same day.
    I have my fingers crossed. I didn't invest a lot just enough to make the story worth following.
    7 Apr 2015, 05:16 PM Reply Like
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