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Wescott:
You have way more than most here invested in this, and consequently you are wise to constantly do DD. I for one very much appreciate it. I have done 20+ hours on this and AURC, and 4 emails to the companies, along with a 10-20min phone interview.
Regardless of the current price: which imo is likely driven by shorts, traders, and those not doing enough DD so they have very limited confidence and get spooked easily; I think that in 3 months or less we will have a very nice SP and in 12 months much better yet then 08 will make many wealthier.
Good luck and if you make another million we will go along for the ride.
BOL
john If you would like to email me: Trade2much@yahoo.com should work. I can more thoroughly compare notes with you from what was said to me.
NDOL & AURC tied at the hip: Here's a good article:
http://www.oilonline.com/oilcapital/neft_1_1005.asp
i have both, but if NDOL deal is good then you know AURC has do be!
Wescott: for some reason the link doesn't open can you synopsize a few key lines for me> or Quote a couple of sentences?
TIA
john
Ekythump repost of his article: READ IT
GREAT POST EKYTHUMP! THanks much!
http://www.oilonline.com/oilcapital/neft_1_1005.asp
This should even convince a basher. lol
Thanks again it was worth reposting!
BOL
john U have a membermark
Per My Post: called Parkin this a.m. had a long chat 10-20 minutes. He stated many of the same things now being posted. He answered numerous questions which I had relative to NORD and AURC and what's next. I, for one, am thoroughly satisfied, and I am looking forward to both NORD's/Northwest marriage this week the 10Q and the Northwest financials and then on to AURC. When NDOL turns out well then be a buyer of AURC that will be next.
He said their audit firm, Top Audit has actually started a small division within it office in the Russian branch just for the accounting of Monimpex's deals, Nord/Northwest being at the top of the list. His estimates of, timing for the issue of the 10Q, Northwest Financials and the 8k, are all based on what the accountants are telling him, but he feels confident that by the end of Thurs we should see the documentation and filings referred to above.
He is bombarded by investors but realizes that it is crucial to answer as many questions as he can openly and legally.
He looks at the message boards and is aware of the concerns, he told me as much when I asked.
We should know this week, and if he is a day off here or there it is the accountants lack of timing precision not his. lol
He said that:
Monimpex is paid in restricted stock options so there is no dumping according to what he told me the deal is not even finalized.
Marcini: I agree there are actually 5 companies involved as I discussed with G Parkin this morning>
Monimpex International which handles AURC/NORD and other Clients.
Northwest Oil Group
Aures AURC
Nord Intl
Top Audit (their accounting firm)
Then you have a host of Canadians, and the Russian Government due to Canada & Russia having meetings to entice trade and mutual business in each others country. This is intwined in that as well.
Then you have finance companies etc.
A desire to trade on western exchanges and to grow with Western $ as a result.
It would be a veryyyyy elaborate set up if not legit.
imo it left a bad taste to go from listing May 1 or before then a buyout, then a merger, then a buy out or a merger and finally a reverse merger. All without transparencey yet. Many will not buy if they feel they are in the dark, so we wait for this weeks filings and financials,
jmo but hang on things never happen as quickly as you want relative to investments, some are selling each day, but the float will be tiny, so when independently Documented news happens it should move up.
They are doing there best from what I was told to keep us informed, problem is We are all waiting on SEC filings to make things more credible before investing more.
Monimpex gets paid according to Parkin when the deal is finalized in stock options, but not until then so they can't be dumping anything since they haven't got it yet according to him .
biggie: that is why I asked him of other projects.I suggested they dedicate a current projects section on the Monimpex Web Site. I think we might well see that kind of thing, he said the website had to be updated,and that is why I mentioned it.
Nice conversation, can't wait for the damn phone bill I think I was closer to 20 minutes, than 10 I originall thought. I need to put an egg timer by me. He remarked that he normally doesn't spend this kind of time on a phone call, but he said it was interesting, it sure was for me.
Just spoke to G.Parkin at Nord/AURC: 10minutes+Posted by: trade2much
AURC: We spoke mostly of Nord but also a tad on AURC
much overlaps so see below:
1. The acquisitions were paid for by previous core investors
2. AURC listing is anticipated but the filings for the recent acquisitions have to be in and current before that happens.
3. He feels confident a buyer for AURC should appear before too long, especially once the Northwest Deal is settled very favorably for all concerned.
4. He compared this whole scenario to marrying into the TRUMP family. Relative to the potential profitability for all (including the shareholders).
5. His/Monimpex's clients NDOL and AURC are but two of 5 or 6.NDOL & AURC are the current very major emphasis, but once beyond that he has more Russian clients + other companies to do similar things with.
6. He very strongly realizes that AURC & NDOL are key for MONIMPEX 's future business deals.
7. He is aware of the need for filings and transparancy and credibility.
I truly feel he will do the right thing for all concerned!
BOL
john
In reply to: None
Date:5/16/2006 11:28:40 AM
Post #of 4599
NDOL:
Just spoke to G.Parkin at Nord/AURC: 10minutes+
Nord:
1. Nord/Northwest 8k is being worked on and should be out by Thurs.
2. Nord 10Q will be out at the same time
3. Northwest Financials for Northwest should be same time.
*He said he felt they would have the above wrapped up by COB Thurs. and perhaps parts much sooner. It is being worked on by the accountants.
*He is paid totally through restricted stock so what is good for us is good for him.
*I emphasized the importance of credibility and timeliness, he is in total agreement and said he is trying to improve that.
*He is trying to keep us all informed with the frequent PRS
We talked about quite a few other things mostly Aurc related.
***I found him pleasant and intelligent and very open.
<My mind, and hopefully yours should be at ease>, at least mine certainly is.
BOL he is also aware of the message boards
I only have a couple of REPLYs left so if you don;t get an answer that is why
John
Just spoke to G.Parkin at Nord/AURC: 10minutes+
Nord:
1. Nord/Northwest 8k is being worked on and should be out by Thurs.
2. Nord 10Q will be out at the same time
3. Northwest Financials for Northwest should be same time.
*He said he felt they would have the above wrapped up by COB Thurs. and perhaps parts much sooner. It is being worked on by the accountants.
*He is paid totally through restricted stock so what is good for us is good for him.
*I emphasized the importance of credibility and timeliness, he is in total agreement and said he is trying to improve that.
*He is trying to keep us all informed with the frequent PRS
We talked about quite a few other things mostly Aurc related.
***I found him pleasant and intelligent and very open.
<My mind, and hopefully yours should be at ease>, at least mine certainly is.
BOL he is also aware of the message boards
I only have a couple of REPLYs left so if you don;t get an answer that is why
John
Heck we haven't even reached the Advertised Post Merger SP yet so we really shouldn't get our panties tied in a knot. The 8k is what we want and the financials, keep your eye on the ball not the distractions.
jmho but if a bunch of you email like I did to Makarov and ask about the 8k and Northwest Financials we may see it sooner and that is what we need.
Just go to the Nord Intl web site and at the bottom of the page hit contact us and then send the Pres and email
Better than speculation
lofs: I just emailed Makarov about the 8k and the May 15th promise. Hopefully I get a reply, I will post it if so.
infolode: do you have a Link for the article, the part about AURC having no debt is important.
What did those buy the companies with? I hadn't thought about it before but should have asked to start.
TIA
I have both stocks so hopefully both will win the fight!
NDOL = AURC Sympathy? Hope so: NEWS on NDOL:
EWS! 200 million barrels reserves
Nord Oil / North-West Oil Group Files NT-10Q
Tuesday May 16, 9:00 am ET
MONTREAL--(MARKET WIRE)--May 16, 2006 -- Nord Oil International Inc. / North-West Oil Group (Other OTC:NDOL.PK - News) filed form NT-10Q to delay the filing of its 10QSB to assure all subsequent events are recorded in the quarter filing and provide its shareholders with all necessary financial information regarding Nord Oil and the North-West Oil Group including but not limited to the description of the its combined oil and gas reserves which add up to over 200 million barrels of probable and proven reserves, which are currently under license and being operated by the North-West Oil Group.
The current market value for 200 million barrels of crude oil is approximately USD $14,000,000,000.
The company also reported that the merger would be completed without any reverse split of the common stock, however the name would be changed to North-West Oil Group.
Dup Article: Great News, but the 8k is still due? I hope!
NEWS! 200 million barrels reserves
Nord Oil / North-West Oil Group Files NT-10Q
Tuesday May 16, 9:00 am ET
MONTREAL--(MARKET WIRE)--May 16, 2006 -- Nord Oil International Inc. / North-West Oil Group (Other OTC:NDOL.PK - News) filed form NT-10Q to delay the filing of its 10QSB to assure all subsequent events are recorded in the quarter filing and provide its shareholders with all necessary financial information regarding Nord Oil and the North-West Oil Group including but not limited to the description of the its combined oil and gas reserves which add up to over 200 million barrels of probable and proven reserves, which are currently under license and being operated by the North-West Oil Group.
The current market value for 200 million barrels of crude oil is approximately USD $14,000,000,000.
The company also reported that the merger would be completed without any reverse split of the common stock, however the name would be changed to North-West Oil Group.
Karma: I just posted that 2 posts ago lol You must have me on ignore or not read my posts. lol
CNN NEWs is Now ON THE MERGER: This adds credibility:
http://money.cnn.com/news/deals/mergers/reports/959109040.html
Even though we have seen these event articles this one is good to add some credibility. These guys are supposed to check sources.
g-man2 Company is not Nord Oil Internation, pls Read it!
Board:imo the Stock Price languishes, and sinks due to:
1. Thus far: "LACK OF CREDIBILITY" investors either: believe it, don't believe it, or sit on the fence and don't buy.
a) If they believe it = buy shares
b) Don't believe it = Don't buy shares
c) Sit on the fence = comibination of short trades and don't buys
To have up days buying needs to increase!
****So the 8K (a good one) is very crucial, as are the Northwest Financials. If these are not prompt then the shares will continue to lose share price.***
The stock story has to be met with *timely results*, especially on PINK SHEET Stocks, which most feel are Scams to start with and have to PROVE they aren;t. Pink Sheets are: Guilty until Proven innocent on Wall Street, not the other way around.
Then we also have to deal with the "Lack of Transparancy" and Scant information. That harms share price.
All those things plus Russian and Nigerian stocks are met with a jaundice eye to start.
So we have A LOT TO PROVE!
This is not negative just realistic, after being in this market since 1982. It is a Show ME THE Proof type of place.
So hopefully our friends will get the message soon on this fact!
BOL to all - Now will the 8k be under Nord International or North-West when it is filed? Hmmmm Since it is Northwest's Numbers, Someone may wish to ask Parkin.
Price/extradough: Rosneft delayed their listing to 3rd quarter 06 according to a post on RB.
I saw the same post by Observer, on RB, that extradough saw, I asked for the basis of the post and he produced an article talking about the delay.
You can see for yourselves it is a Reply from Observer to tradeit it will display it.
BOL
May 15th Due Date here is the Promise:
Nord Oil International and the North-West Oil Group Agree on Merger Terms
Wednesday May 10, 9:00 am ET
MONTREAL--(MARKET WIRE)--May 10, 2006 -- Nord Oil International Inc. (Other OTC:NDOL.PK - News) announced today that the boards of directors and majority shareholders have approved and signed an Agreement on merger terms with The North-West Oil Group.
ADVERTISEMENT
According to the company, Nord Oil International Inc. will acquire by way of a reverse merger 100% of the outstanding shares of two divisions of the North-West Oil Group, namely "North-West Oil Group-Saratov" Ltd. and Company "Neftegazenergo" Ltd. As the result of that merger, Nord Oil International shareholders will own a total of 41% and the shareholders of the North-West Oil Group will own 59% of the newly created entity to be renamed the Northwest Oil Group.
The total merged enterprise value is currently estimated at USD $1.25 billion, representing approximately $2.20 per Nord Oil International shares post merger.
The current board of directors is being changed to include 4 members appointed by the North-West Oil Group shareholders out of a total of 7 board members. Effective May 11, 2006, Mr. Makarov will have resigned his functions of President and CEO and Mr. Ernest Malyshev, President of North West Oil Group has been appointed the new President and Chief Executive Officer.
**Management will proceed to fill the appropriate forms with the SEC such as the PRE 14C and 8K required to make said merger effective. Complete disclosure on the North-West Oil Group will also be provided on form 8K on or before May 15, 2006.***
"We are very happy for all our shareholders. Being acquired is one thing, but joining with such a prominent oil and gas company is truly remarkable and one that will create substantial shareholder value," said Mr. Makarov, President of Nord Oil International Inc. "The combined revenues from oil production and reserves will create one of the great oil and gas companies, now and for many years to come," further added Mr. Makarov.
About Nord Oil International Inc.
OT makesum:
I was doing war games there, but all theater type logistics planning. Iceland due to its position in the North Atlantic gave it control of the sea lanes for resupply to Europe. Consequently back in the 80s the Soviets wanted it and we wanted it, before the Iron Curtain came down. Russian Special Forces were in Rej. and we were in Kevf.
Women in the south mixed with the Brits during WW2, and so you get a lot of brown hair blue eyed, up north it is blond hair and blue eye. Very pretty none the less. Georgeous and very agressive by USA terms. If you play the agressor forget it, they pick you out. lol Unreal for a single guy! They will ask you to go have sex etc, talk about role reversal.
That is what I was told, since I was in the HQs most of the time. lol Salmon is great and countryside is great!
makesum icelandic language is VIKING based, only place in the world that speaks it to my knowledge. I was up there in the Military for a bit in the 80s and the language was incredible.
Along with the light/dark etc.
Interesting land though.
BOL
eky: can you post a link to that law? Many would like to see that regulation.
TIA
john
Marc: Guess you never got Parkin today, is that correct?
TIA
ts1226 Enough with the Buying OPPORTUNITIES! That is good once in a while, but wE have seen that way toooo often posted for a while now. How about some performance for a change? Or do we just keep jumping at the falling knife and buying?
Patience is fine, and most will wait, but the constant BS about buying is really crap, stop the slide and have it tick up 10% and then talk about it, but not while it continues to slide.
The pumping is a negative to the SP it has noooo credibility. jmho
Marc this is a Parkin # Téléphone / Telephone : (514) 798-5454
It is at his monipex intl office
What happened to NWOG MAY 15th filing? Did I miss it?
TIA
Mike we are all hoping they are cheap shares; thus far the demonstrably accurate part is they may not be around much longer.
BOL
What's down should be up and what's up should be?? Farther!
Marc the TA is nice, what are you using Stock Charts?
TIA
Marc: you saw that also. The confusion about Nord's deal is driving the SP and when the smoke clears you likely will have many scared out and then the price shoots up. It happens all too much on WS. Ultimately it is up to NORTHWEST and their #s but you have manipulation going on in the interim.
BOL
john
This Link says it all about NORD:
Taken from RB but is a LONG sign!
http://atom.smasher.org/construction/?l1=CAUTION&l2=Nord+Oil&l3=10%24+in+2008&l4=%24%24%...
BB yep ya got that one 100% A+! Too bad you weren't a Surgeon, then you could give the CEO some ears! lol
BOL
john
I wonder if he will file the significant material event with the SEC finally. I asked why he didn't when this first occured, and I got a board response that it was not important. As Bal.Build.. said this is way to important to just let quietly go with PR.
We really need a good IR firm to capitalize on such things. How much other may have gone under the radar which might have helped the SP. Certainly the latest balone would have been either negated, or at least mitigated had there been an appreciation for IR.
jmho But it is really bush leagues (no political implication meant) to do things this way.
BOL
john
Art PLease post both his & Your Emails so we can all read them?
TIA
John
rufff : 100% Correct!!! **CREDIBILITY** is what holds back PINKS and RUSSIAN/Liberian oil,gas and precious metals. Plus the constant threat of nationalization in Russian. YUKE share holders have current suit due to that balony. And the Political unrest in Nigeria.
If the NORD deal works well, and NORTHWEST has a good 8K and produces good and transparent financials shortly, then AURC will benefit with sympathy and credibility significantly. Could double SP quickly, then it is up to PARKIN! He needs to straighten out the Web site Financials so 4b Assets doesn't look like 4 bil Liabilities. #2 He needs a OTC BB listing quickly then the march north is enroute! #3 Good earnings
After 20+ hrs of research I think it will NORD and AURC will go forth well, but WS has a Wall of Worry to be eroded and then we need concurrent good earnings.
BOL MUSSHHHHHHHHHHHHHHHHHHH!
2 Create here is the Link ART. Russneft as a private firm and Northwest as a private firm. Competitors with Gov connections.
Not to dispute but I don't understand how:
Nord can RV Merge with Northwest and have been owned by Russneft all along.
That to me would say that (if you are accurate in Nord being a sub of Russneft) that Nord just bought out the competition of Northwest according to the link below:
http://www.osw.waw.pl/en/epub/ekoment/2006/01/060119.htm#top
Pls give me your thoughts, if that is true than things are much more likely to be a stronggg situation in the future since 59% of the post merger entity will be owned by Northwest.
Confusinggggggggg TIA
2creat: Nord is a daughterly sub to Rosneft? That is interesting where did you uncover that. The article I found said that NORD and Rosneft were both relatively new PRIVATE companies not state.
I came out of a Russian publication and was fairly recent.
Do you have a link which contradicts that, if so please post it.
TIA
john
If Nord has 41% ownership and Northwest 59% of the new company, then the new entity should have new shares in that ratio.We as shareholders imo get 41% of the shares we currently hold so if you have 10 shares now it will = 4 shares in the new company.
It likely will take the SEC 4 months to fully process the deal for the otc.
The new entity should be worth substantially more. The merger said the ultimate value to current Nord shareholders is $2.20 per share, that is one heck of a lot higher than .75.But it may take 6-12 months to happen imo and result in us having fewer shares but worth much more ea.
*If the (2)Northwest divisions,( which are involved with merger), have good earnings, then we should have some real value since they supposedly hold the oil licenses. IACD with an article I read.
So here we sit.Common Question: "why Wall ST doesn't value the Nord stock at $2.20", answer: No one knows what value to use yet not audited #s and no clarification of the details, Devil is in the Details!
Jmho we should only ***start to see Monday, but guaranteed it will not tell us all we wish to know,just tid bits, since it is primarily the filing for a material event not necessarily (audited earnings), which again guranteed They won't be! So the shake out value will take weeks/months to figure based on scant info.
Hang tight and try not to speculate to much on the down side! Have patience and let it shake out, if there is a lot at stake **for all parties, not just us. If the Deal is not good for the us NDOL shareholders then Monimpex actions will ruin AURC and their own company as well as for all future similar projects and this type deal is a company Specialty for Monimpex, according to their web site.
makesumgravy:Had the wrong board, sb AURC MB, sorry wrong board. I was just asking Benz how he made out vs his intentions which he posted yesterday.
The 4 bil long term liabilities refs also to AURC - It was posted, that Parkin was asked about the Aurc web site and the recent financials and that issue. Parkin supposedly had stated that he would check into it, but nothing was reported back that I was aware of, so I was checking to see if Benz knew anything.
Had the wrong board: gettin too old I guess. Nothinnnnng pertained to NDOL.
BOL
john
Benz
According to your post yesterday you were going to be "all in" today, so how many shares did you end up getting?
Obviously some bought at the open, which is when one should sell, (rule of thumb), but aside from that, the shares were down all day.
As you said yesterday:
This could pop at any time. The corollary is it also can remain over sold for quite a while, that is common as well. No one I am award of in TA uses just one oscillator.
Without a working crystal ball who knows?
Closing near the high is good,but near the low is not a great sign.
We need something credible on NDOL from the Northwest filings next Mon. If the filings are bad on Monday it won't help us at all, if on the other hand they are great, it should be a plus. jmho
BOL PS Thought Parkin was going to review and correct the 4Billion of Long Term debt that it shows on the website financials. Perhaps that would help the SP if it was R.E. vs Longterm Liabilities.
Hope next week is good for both stocks, as I really think they tend to move in sync somewhat