North West Oil Group, Inc. (NWOL)

[trade2much]

davidam: Thanks, that explains the $2 figure and confirms what I had seen posted rel.tp the Pres. and the company value.

Question for you: When that statement was made were the reserves *projected* or *known* at the time of the $2 guesstimate. That should make a rather substantial difference if at the time the reserves were only projected, since that is based on potential and probability, and *known* is based on factual known data of the reserve.

Any idea relative to that?

TIA
john