Vic -- I don't expect that what you have to tell those of us who have trusted Mr. Parkin all along will come as news. I'm glad to hear, though, that you finally have some faith in this company's management. Your negative posts, your whining and your bitching have been making me sick for about a month now, so I hope you will finally be happy with your long position and express optimism in whatever you post in the future.

Eatmyshorts -- Thanks for posting here. Your enthusiasm is
quite refreshing and your exuberance is rational, based as it is on due diligence.

I noticed that the pps is about where it spiked to (.34) after the R/S. Interesting. This stock is out of favor with many traders at the moment but soon a new group of investors will come on board, seeing the real assets and extreme potential of this company, especially when the JV with Oil India is finalized.

Now that Mr. Parkin has completed the filing of the NWOG consolidated financials and 8-K, I'm sure he's already working on the next AURC development. We should get a PR very soon announcing that the 925,562 ounces of gold reserves mentioned in the PR of May 9 have been acquired.

The PRs have mentioned Joint Venture partners more than once,
and stockholders are holding their breath to find out which companies Aurus will partner with. Let's hope we also get some news about production starting up. The JV is expected to provide cash to acquire the necessary equipment to get that gold to market.

One thing that impressed me on the 8-K financials was that the consolidated retained earnings as of 3/31/06 was
$92,924,491. Another item is that intangible assets are listed at $99,402,604. I assume this is the intrinsic net value of the company's lease agreements.

There are so many pink sheet companies that have hardly any revenues and show a deficit in retained earnings running into the millions. The 8-K figures indicate this to be a very sound investment, indeed.

Many here have noted misprints on PRs, and the same occurs on the 8-K. On the consolidated interim income statement for the first quarter of 2006, it is stated that the Net Income/(Loss)
per common share is $2,803,903. This is actually the company's first quarter Net Income. No figure is given for
earnings per share. I am very surprised that such an important
error was not picked up by the auditing firm. There are other
smaller mistakes as well, but not significant enough to be mentioned here.

Honestly, Ed, you need to take a financial management course
to qualify yourself to open a lemonade stand or something.
To talk of a reverse split to get on the AMEX shows you have no faith at all in this solid company. The announcement alone that NWOG is seeking to be listed on the AMEX when the time comes will be sufficient to drive its share price over $3.00.

Looking for some solid gains by the end of this week. The 8-K
adds to our credibility and the numbers should attract some investors back who have been standing on the sideline. I'd like to see the company make better use of its website to keep investors informed of the latest developments.

Doc - With drinks all around for every point AURC goes north,
you could end up with a shnoz like W.C. Fields.

DrFeelgood wrote:

"The bid is coming up. The end of "short week" is almost over, in its last hour, anyway, and my .18 buy yesterday is now looking like a genius play. Did I hear a cork? Nope, just my wife getting up from the chase lounge. Sun's over the yard arm.... Calls for a drink! Where's the bar around this joint, drinks all around.

Here let me mix one of my "Friday Specials".

I would have to come up with $27,000 to double my stake in AURC at this price. I believe AURC is about to rebound and probably will not drop below .175 again. I'd rather be adding now than in a few weeks at .40 (makes sense, right?). Guess you could say I'm bullish on AURC. Didn't one PR say one of the properties held by AURC would be a cash cow for thirty years? Talk about a long term play!

Nice to see AURC holding its own at .195 X .20. The beginning of a reversal?

I would give the new company about thirty days from the date of the merger to organize its presentation to us shareholders.
We know management has the backing of the majority shareholders, so the business plan must have passed their feasability test. For Nord Oil to have preferred a merger to a buyout means the added value to the company must have been tremendous. This should become apparent when we see the
8-K.

I can only urge everyone to be patient. We should soon see the JV agreement with Oil India finalized. There will be a lot
more great news coming through the pipeline over the next few weeks.

As for the present fluctuation in price, we saw this same kind of decline right after the R/S, but we also had a 90% rise in pps in one day when the buyout was announced. Eventually price movement will become less volatile
when we reach a higher exchange and institutional investors
get involved. This is a great opportunity to accumulate or
average down for a long term investment in the energy sector. I strongly believe the company will seek to be listed on the AMEX a year from now. An AMEX listing will require a share price of $3.00. That's about seven times where we it has been trading this week. Not a bad ROI.

This is a good price to load up for the long term. I just added 15,000 at .185.

It looks like a line is missing from these financial statements.
Near the bottom, it should say

Net Income/(Loss) 2,803,903

The next line should say

Earnings per Common Share (EPS) _______________

Does anyone have this figure, or was it a misprint on the
financial statements?

You cannot get a definite answer about WHEN the move to the OTCBB will take place. We know it was delayed by the merger.
After all of the merger filings are complete, there is a mandatory waiting period before the new company can be listed on a higher exchange. The company announced after the merger that they are still going to move to the OTCBB, so I would expect it to happen within six weeks to two months. That's just my own estimate, and that's why I am accumulating now.

In the merger negotiations, the present value of NDOL shares
was estimated at $2.20. The value of our shares will grow as
the company grows. The value will also grow in relation to the perceived FUTURE value of the company. Each PR will push the SP higher by adding validity to the claims of management and the details of the business plan.

Moving to the OTCBB will attract a new class of investors.
Finalizing a JV with India Oil will attract even more attention and further stabilize our stock price. I think we can also look forward to further acquisitions by NWOG in 2007 and a listing on the AMEX a year from now. IMHO, we are looking at a five-bagger over the next twelve months.

BTW, Rosso, please don't get into name-calling on this board. Just post whatever information you have. If you stick to presenting the facts, you won't end up on the defensive. I've been in contact with the management of NDOL since before the R/S and I can assure everyone that they have been very straight-forward and consistent in all they have said to me. I have a lot of faith in this company and recently purchased 50,000 more shares at .60.

Vic -- You are all over the place emotionally. You need to have nerves of steele if you want to invest here. You're right, though, that NDOL is a gem for long term investors. Why don't you become one?

Lordscalia - You should be even when the news comes out that we are on the OTCBB and the oil is pumping, if not sooner. I'd like to see the financial projections on the website updated to reflect the new company's potential, especially EPS for 2006 and 2007.

AURC is holding right now in anticipation of NDOL's next PR
and release of the financials of the new company, NWOG. The credibility of one substantiates the credibility of the other.
Unlike most smoke and mirror pinks, these companies have real assets, both valued at over $1B. Price fluctuations at this level are growing pains. Investors grow their wealth as the company grows in credibility. This gold mine is the real deal according to geological audits. A little patience is required for a big payoff.

Been accumulating AURC for about five months. Now I'm just waiting to see what happens.

Welcome security. You came to the right place at the right time.
NDOL is ready to explode. I added 50,000 shares today and I couldn't be happier with my investment. If you had to wade through all of the weak-minded whining today on this MB, you deserve an apology. There are many bold and intelligent posters here and I hope they will come back strong with their insightful DD once the bellyachers on this board calm down and the expected PRs and filings come out.

We saw a long drawn out decline after the reverse split in the fall of 2005. The drop was about 75% and it began right after the R/S and a much hoped for spike in share price to .34. It went on for about six weeks, as I remember, and I kept investing, averaging down to about .14. Patience has its rewards. The present decline will end quickly, as soon as the benefits of the merger become clear. What I'm looking forward to are those institutional investors who will have their eye on NDOL's $14B in oil reserves coming on board. Getting back to the buyout offer price will take a while I'm sure, maybe a few weeks or so or until there is news of a move to a higher exchange and so on, but that's just the beginning of the story for our newly formed company. Hang in there, Nord brothers, long and strong, and you won't be disappointed.

Disappointment with the switch from a buyout to a reverse merger
has driven many traders away from NDOL, lowering the pps and paving the way for a fabulous opportunity for long term investors (like me). The merger will get NDOL onto the AMEX within a year, IMO, which means a share price of at least $3.00. I'll take gains of 350% in one year any day of the week, and that is my most conservative estimate. There are plenty of ordinary investors out there who would be happy with one tenth those numbers. NDOL is my retirement fund. I believe that anyone who patiently holds onto their NDOL shares will never have to worry again about money.

Thank you for your welcome. Going over the April 19 PR, it sounds like the company is indirectly announcing that the Welch unit needs work so they brought a microbiologist, Dr. Gazenko, on board. He will attempt to make the Welch hydrogen production unit more efficient. The unit was supposed to begin production at the beginning of April, but the PR tells me that the company is not satisfied with the results. Gazenko will have to go back to the lab to solve the production problems. Personally, I don't expect to see another PR until Gazenko has given the company an idea how long it will take him to fix the problem. Once they can show commercial viability, NNLX should take off.

One thing that is apparent is the seriousness of this company. They really want to be successful. A move to the OTC BB is a big step. I'll be putting more money into NNLX when I see a new base forming.

My first post on I-Hub. In at .25. Sounds like there is good potential here with NNLX. It could take some time to work out any kinks in the Welch unit, but positive news in the next PR should drive this baby up. As long as the PR is delayed, doubts about the process and the company's ability to harness hydrogen production in a commercially viable way will likely drop the pps down a bit creating a great buying opportunity for long investors. JMHO