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Thursday, February 01, 2007 2:51:13 PM
I still hold my position but I have to reevaluate the risk reward based on what the company will prove in the future. Today's PR was forward thinking and gave no proof of anything. Unfortunate and causes more uncertainty in the market.
Yes we have all done a great deal of DD here. I guess the risk reward at these levels is much less than when I first entered this opportunity with Mr. Parkin at the helm and thoughts of dollars and not sub .10 cents.
We learn and we us that knowledge. I guess that is why no matter what DD we do on a company it proves one thing. A company may go up on fluff and hype and a company like NWOG may go down on market sentiment no matter what is proven or verified.
Do your own DD as always and wish all well.
Brent
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