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Re: RUSHMORE11209 post# 21566

Tuesday, 11/28/2006 1:47:41 PM

Tuesday, November 28, 2006 1:47:41 PM

Post# of 46027
The way I see it, many traders came in looking for quick money via the buyout and momentum behind that. When that turned into a merger instead, they began leaving. So, the PPS is now near where it was before the buyout news appeared. Unkept promises and deadlines also hurt sentiment.

I think NWOG needs to turn things around by making measurable progress and being more open with shareholders, whether via PRs or its current/new site. Becoming a reporting company again would also help.

BTW, I've been riding freebies and taking some profits along the way. I figure May 2007, when the shares for NWOG management become unrestricted, is their deadline for the AIM/OTCBB; they wouldn't want to cash those in at the current PPS. ;)