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SFD.v NXT Energy C$.60



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By Bobwins

Posted: Wednesday Apr 24 2:30:54PM 2013

Posted 2012 results.  Very positive.  NXT has a different way of searching for hydrocarbon deposits.  They have a proprietary method using airborne searches at 10,000feet.  They can cover huge amounts of territory and obviously don\'t need access or permits like seismic.  

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Huge increase in gross revs from 145K to 10.9million for 2012.

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Net profits of 2million versus a loss of 3.6million in 2011. 

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FD EPS of .04 versus a loss of .10 in 2011.

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Q4 was spectacular, with eps of .06 and half of gross revs for the year.

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Can they keep it up?  Company is guiding for 20million for 2013!  

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Saw this company at a Keith Schaefer conference last year about this time of year.

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Stock was over a buck back then.  It\'s come down a lot but results are impressive.

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http://finance.yahoo.com/news/nxt-announces-strong-2012-end-130000702.html

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