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Alias Born | 07/19/2006 |
Monday, April 09, 2007 1:33:45 PM
At this point,there is actually nothing else to attract new money. There is nothing left that the company can announce
to generate any interest. They have already demonstrated that they are producing oil, generating revenue, and making a profit....not much left for anyone to get excited about as there was at the beginning. That is the good news. The bad news is that no one knows where it is coming from or knows which pocket it is going into.
As most of the longs on this board know, there was a time I doubted the legitimacy of the old Nord Oil....but I traded and flipped and made some nice profits anyway. I didn't have the same negative feelings about the original NorthWest. I think they may wish they had never gotten involved with Parkin, Stevens, Nord, et al....but it is in the past! If they straighten out a few things, I think it will eventually be a long term investment which will prove to be profitable to invest in.....but forget about any quick money being made in the short term.
All my opinion, of course.
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