Watch this Space

Hi Everybody

Watch this space refers to both NWE and PRR

PRR has a few immediate announcement coming up which may prop up their share price:

1. An announcement regarding their submission of their Orphan Drug Status (ODS) application has been well received and should hearing back from the regulators in March
2. First recruitment of patients for their Phase IIb Ovarian Cancer USA FDA trials are due in March as well
3. Also Prima are due for their submission of Phase III European trials to the regulatory body in around April-ish I believe
4. Dendreon's FDA approval due (by the latest May 1) will have a welcomed effect on the share price of Prima..

NWE has a few share price impacting announcements due:

1. Farm-Out Agreement announcement. Cheif Executive Officer Peter Munachen had stated in a recent media article that Norwest is well advanced with negotiations with both domestic and international firms and aims to finalise the farm-out of half the permit of TP 15 whilst retaining operatorship by March this year
2. Wessex Basin Update - Mr Munachen had indicated that although the Perth Basin projects had potential, the Wessex Basin "can be a monumental company maker'"

Now whilst this information is for educational purposes only, I can not stress how important it is to do your own research, which is why most posters on forums write the phrase DYOR (Do Your Own Research). Whilst these shares may go up on anticipation of these announcements these two stocks are highly susceptible to underlying forces (ie Big boys with big money = string pulling etc).. For example, PRR is susceptible to their main funder, that being SpringTree. As we know, they have been allocated a bucket load of shares, however have not had to appear in the shareholders owning 5% list.. and fundly enough the share price seems to go down before their allocation, and up after they had been allocated their shares.. Similarly, NWE has had a "sophisticated investors'" placement at 2.3c recently and the appendix has been released.. so Together with their lower highs, and lower lows, how knows if it will break their 2.7c fib retrance level and head lower to 2.1c?

Do not take my opinion that I state in ANY of my posts as fact or even as advice. Do your own research because at the end of the day, it is your money and your call