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Re: RonnieD post# 3762

Thursday, 05/11/2006 3:22:02 PM

Thursday, May 11, 2006 3:22:02 PM

Post# of 46027
Ronnie: Hope that is true, but I don't read it that way. Think it's 41% of new co. which consists of 2 divisions of Nort-West Oil Group and all of Nord Oil. Think that is how they come up with worth of 1.25 billion. 500 million for Nord and 725 million for the 2 divisions of North-West. I think North-West Oil Group as a whole is worth a lot more than that! Of course having a large co. such as North-West as part owner can't hurt. Especially if they are trying to get a foot into Western Marketts.

Allthough there's Nothing wrong with that !