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Re: Lochan post# 31292

Monday, 04/09/2007 1:33:45 PM

Monday, April 09, 2007 1:33:45 PM

Post# of 46027
As I have said so many times since the 'merger', an investor is not going to tie up money here without knowing exactly what they are actually buying. Unless, or until, the company clearly defines the public entity as opposed to the private entity as far as revenues, expenses, holdings, etc. I don't believe there will actually be any price appreciation to get excited about.

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.