AdmChesterMynutz

New Frontier Energy: Hat's Off to Mister $1.12

Thanks for the info. Having held shares for the past four years, I must say you certainly have a positive attitude about the performance of Paul Laird's management team.

"It is now possible to suggest that the transfer of shares out of the weak hands and into stronger hands has now taken place."

I guess it is always possible to suggest anything, but actual data on your suggestion may inject a healthy dose of meaning to your argument.

"The shares Westminster has sold on the open market played a large part in pressuring this companies stock price down from $2.45 a share in 2006 down to $0.93 in 2007. " Could you define "large part"? What do you mean by Westminster? Are they selling stock owned by firm, by individual trader or executing customer orders? Before recent expiration, NFEI had 100% warrant coverage. The warrants expired with strike price higher than market price. Therefore, the majority of warrants expired without exercise. That is outcome is purely the fault of management.

Wouldn't it now be possible to suggest the following to explain overhang? Outstanding warrants down, fully-diluted outstanding shares down, price-per-share up, earnings-per-share up, stock price......up.

I've never known contacting a public relations firm to be a good place to start researching anything. Especially a public relations firm with one client, NFEI.

In closing, I own NFEI because of the value of the gas in the ground is far greater than the market cap. The price of the stock is related to proven-probable and until the management begins a serious and diligent program to "firm-up the field" rather than purchasing more unproven reserves, NFEI will struggle to get the market to care.