North West Oil Group, Inc. (NWOL)

[makesumgravy]

These people are tight with Putin. Parkin said the government welcomed them and this merger with open arms. The reason why this is so welcomed? It benfits both companies and none of its oil is exported. It serves Russia and her people. It will have exposure to 3 exchanges. The other benefit here not knowing world currencies. The Euro is strong against the dollar and I believe the Rouble is too. This is really a ground floor opportunity. I doubt that we'll see any more exposure like this to the Russian oil market. I get the impression that the basins for oil and gas reserves on shore in Russia are already owned. Its may be alot more difficult for any start ups. I find myself evolving with this venture everyday. Americans have investment all over the world and there are several Russian mutual funds. What we have here is a little Russian gem.

Even if our own markets get a little rattled we'll be in good place with the right products. We all invest for the best returns. This is an investment not a trade. I bet this stock will be $10 by this time next year. If oil prices start heating up and they will who knows?

This 2.17 for the moment may have looked good but this president had other intentions for the company and its shareholders much bigger and better things. Not ever having met the president or top management they may be whole lot wiser and better than I intially thought. Misjudged them.

I am beginning to think that he may have even thought the reaction of the market would have been more positive than the buyout. He may have thought that there would be a little selling but not what we've experienced. It harder to experience the one that gets sold and it moves up faster and much higher than was thought possible, in short period of time. Having bought into another and lose those gains. This is one of those and it will not get sold.

If he would have wanted a quick buck he obviously could have sold the company and moved on. He and Parkin would be very rich men today.