Cleantech - Naikun Energy - Cleantech - InvestorVillage
This is a semi-private group. You are free to browse messages, but you must be a member of this group to post messages. Join This Group

Group: Cleantech   /  Message Board  /  Read Message


Rec'd By
Authored By
Minimum Recs
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board
Msg  1089 of 1189  at  9/13/2019 12:03:21 PM  by


Naikun Energy

I mentioned tiny Naikun Wind Energy as a speculative binary bet almost a year ago. It took me months to build a position at 7c/sh. In late August, when the stock was at 4c,  the co. made this vague announcement :
Naikun Wind Energy Group Inc. has signed an indicative offer with a major offshore wind development company to develop its world-class wind resource in Hecate Strait, a few kilometres east of Haida Gwaii, within the traditional territory of the Haida Nation. The parties are working to negotiate and sign a definitive agreement in the next few weeks. The definitive agreement, with this major offshore wind company, will provide leading-edge technical expertise and dedicated financial resources, and will establish a framework for a long-term relationship.
Still waiting for the announcement but since then the stock price has jumped to 21-22, hitting a high of 27c. I've taken some off the table and will free ride the rest. 

     e-mail to a friend      printer-friendly     add to library      
| More
Recs: 0     Views: 32
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board

About Us  •  Contact Us  •  Follow Us on Twitter  •  Members Directory  •  Help Center  •  Advertise
Not a member yet? What are you waiting for? Create Account
Want to contribute? Support InvestorVillage by donating
© 2003-2019 All rights reserved. User Agreement
Financial Market Data provided by