North West Oil Group, Inc. (NWOL)

[Lucullus]

Befor I averaged down I owned 300K old NWOG with an average of pre RS around 4 Cent, meaning 4$ NWOL. But I thought that we are actually heavy undervalued and decided to average down big buying another 17K NWOL (1.7 Million NWOG) In general I don't average down, but in this case I made an exception.

I see great upside potential from our current Level, we are 20 times undervalued and therefore this is a "Confirmed BUY" for me at the moment!

But risk is still enormous as long as we are playing in the pinks. We have to leave pinks and I'm quite sure this will happen next year!!!

Many people (perhaps even BOD) played crooked games with this stock over the last 2 years and many people lost a lot of money but actually we have arrived at "all time low" either we have a producing company with assets, revenue and profit. So I think turnaround could be near.