North West Oil Group, Inc. (NWOL)

[makesumgravy]

Pschae, I was just curious on how you would respond. Sibn is not worth $4. a share and Xsnx is not worth $1. a share. Neither of these companies and many many more are way overvalued. Its pure speculation. Is Google worth nearly $400. a share? last time I looked it had a P/E of 54. Look at its market cap compared to its revenues. Many companies share price is based on what investors believe it to be worth, and when it may be mind boggling to some to others its worth more. So you can do all the evaluations you want its the perception that often drives stock prices higher. In this particular case its oil. Russia has most of it. Many countries including our own would be up sh-- creek if we didn't get it imported. Supply can't keep up with demand anywhere in the world. Russia in not reliant on any country for its energy needs. China, India western Europe are all dependent on Russia. Israel too has been in talks with Gazprom even following the Yukos affair. It needs have to met like anyone else.

The US has had 30 and more years to do something regarding this countries energy needs. We're in the same situation today practically as then only the problem is much bigger today.

Think about our military and its energy needs daily. Its a real conundrum.