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Re: RNLandIII post# 43210

Monday, 03/24/2008 12:14:58 PM

Monday, March 24, 2008 12:14:58 PM

Post# of 46027
Good post. The Northwest oil group is in the predicament that they don't really want to do a PR until after their financial statements are completed in April or May 08. I believe the main problem on this message board was that the posters may have been under the assumption that NWOL was on a calendar year rather than fiscal year. The financial statements are what kicks things off. They can't be completed until after their tax year ends.

One problem they have is how to keep the share price somewhat decent. I personally don't care what the share price is because I know that the book value is $9.20 or better per share.