North West Oil Group, Inc. (NWOL)

[cynic2005]

The key problem here is that the jury is still out on many unresolved issues. Nobody is denying that there is vast potential here, but management has thus far fallen far short of my expectations, and the expectations they set themselves by announcing various deals, targets, deadlines, or intentions to the public.

I am looking at the acquisition with great interest. That could indeed become the watershed moment whereby NWOG can show once and for all that they are capable of closing a deal that benefits us.

As to the assessment of value, I normally view those deals with a healthy amount of skepticism. Why not disclose to the market what we investors want to know, and we can build our own models. No need to hire a consultant for that.

On a more interesting note, why are they not preparing a valuation of former NDOL assets? Last I heard, NWOG is still holding on to those licenses.

By the way, I do agree with your valuation rationale, but let's just wait until that "American Firm" had a chance to look at the financials.

These next 6 months will make or break this stock if the events they set in motion will actually transpire. I for one hope it finally makes a sound move into the right direction.