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Re: RonnieD post# 4241

Sunday, 05/14/2006 11:52:11 PM

Sunday, May 14, 2006 11:52:11 PM

Post# of 46027
i don't know why you guys are even talking about this.

They said explicitly that we're keeping all our shares, which are valued at $2.20 per share, and NWOG people are getting 300 something million shares. They came up with that number to issue NWOG because that's what would make theirs $2.20 pps also.

Don't forget, even though NWOG is having new shares issued to it, they are directly proportional to the amount of value they bring/add.

So we're looking at increases in economies of scale and publicity with the merger, nothing more. The stock is only worth a little bit more than before the merger because of this, that pps being estimated at $2.20.

Last week's emotions are behind most traders/investors, and we have a new week. Given the news expected for Nord, I'd say that Monday or Tuesday would be an excellent time to get in/back in, if you aren't in already.

I sold mine right after the merger news at $1.23, but I'd be willing to bet it's leveled off and ready to resettle near a buck or more.