With oil trending down over the last several weeks, the sector is ready for a reversal to bullish prices and. NHUR, an oil producing company has had their stock prices depressed since the downtrend in oil prices. With oil producing properties in Kansas, as oil prices start to trend higher, xtremepicks expects NHUR's prices to trend similar. NHUR recent high of $1.81 is a far cry from it's current trading level of $0.10 - there is lots of room for recover.
Belize City, Belize -- (ReleaseWire) -- 11/12/2013 --Xtremepicks is closely watching NHUR recent trading activity which has suggested a road to recovery is in the cards now.
Last Close: $0.103
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Xtremepicks is releasing this special ALERT play to give their members time to research their new play - NHUR definitely has HUGE potential for solid gains.
NHUR is setting up for a major bottom bounce play after trending from a high of $1.81 per share just a few of months ago.
NHUR 52 week high was $1.81 back in May 2013, xtremepicks believe selling in NHUR is way over done fueled by declining Crude Oil prices and is now primed for an XTREME bounce play.
NHUR main production is Oil&Gas and it's no surprise prices have come under pressure with the drifting in Crude Oil prices.
However, experts are saying that the drop in Crude Oil is way overdone, and is looking for a HUGE bounce!
Why Investors Can Expect a Strong Performance From Crude Oil
"...light crude almost reached the medium-term support line, which may trigger a bigger pullback. Additionally, the oil to oil stocks ratio is at an extreme low, as indicated by the RSI. This could very well result in the end of the underperformance and strong performance of crude oil."
Read more: http://www.minyanville.com/sectors/energy/articles/will-the-price-of-crude-oil/11/5/2013/id/52556#ixzz2k9eClHn6
Xtremepicks wants their members to have NHUR on their radar this weel - the potential here is insane and with prices this low, investors can definitely see XTREME gains
Northumberland evolved over time from a series of acquisitions to possess the attributes investors value most:
- oil production growth at low costs
- financial strength and liquidity
- a focus on high quality deposits in politically stable jursidictions.
Over the last year the growth of Northumberland has been strong and steady.
Over this period management has acquired 11 leases covering 1840 acres with 27 oil and gas well sites. It is participating in a new well development and expects to add production from the Lester #1 in the 1st week of November to its cash flow.
NHUR expects to exceed their first year growth as they add infield production, further acquisitions and additional exploration projects to their solid base.
NHUR quoted "Our next twelve months will be an exciting time for Northumberland and our shareholders."
Members definitely want to check out NHUR and their recent developments, xtremepicks can see prices move back towards recent highs as the company provides periodical updates on their projects and as Crude Oil prices rebounds.
The most profitable plays are definitely value investing by value based investors - NHUR is a perfect play NOW!
Definition of ‘Value Investing’
The strategy of selecting stocks that trade for less than their intrinsic values. Value investors actively seek stocks of companies that they believe the market has undervalued. They believe the market overreacts to good and bad news, resulting in stock price movements that do not correspond with the company’s long-term fundamentals. The result is an opportunity for value investors to profit by buying when the price is deflated.
Getting in on the ground floor before significant rises can book serious gains just as xtremepicks is seeing with NHUR.
Northumberland Resources, Inc. - Oil & Gas Exploration
Northumberland Resources is a highly focused, risk-averse oil and gas exploration company with a focused strategy of building a substantial portfolio of oil and gas assets.
Northumberland will exploit projects which can deliver cash follows normally associated with higher risk projects, but without exposure to high risk failure rates.
With an exceptional oil and gas project portfolio and a dedicated management team, we are building a future of sustained prosperity for our shareholders.
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