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06/19/06 4:18 PM

#11911 RE: vicsteele #11908

vicsteel - since you were invested in NDOL before the Parkin conversation, and facts do not matter, are you implying that Parkin conversation was not factual? I am beginning to get concerned. Brent has a valid point regarding your topsy-turvy position on NDOL.
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auburn

06/19/06 4:18 PM

#11913 RE: vicsteele #11908

I THINK we will see a pr tomorrow, but I sure hope not because I still want to buy more at these prices! ;)
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J.C.N.

06/19/06 4:23 PM

#11915 RE: vicsteele #11908

Vic,
Quite the contrary. I have not changed my opinion,DD research etc. and my long position on NWOG. I have even bought more and more several times over.

I was addressing the mood changes that I have seen from you going from euphoria to the negative and back again.
My questioning you about posting facts is not a negative rather a positive.

There is no reason to sell,rather at these prices with the proper DD, an opportunity again to buy. I have said this over and over on here when these fire sale prices come around.
The market does not yet value this in the range you are talking thus I was asking for factual content from you as to your assumptions on price. To me that is in no way negative.

I am not here to pump dump or otherwise say the stock will do this or that.

I have done my due diligence and find that I am very happy to sit and patiently wait. When I have something of significance
I share or post here and elsewhere.

I was questioning why you post that you feel the price will be such and such and have nothing to back it up?

If you have data on reserves,new pumping,etc. then we could extrapolate those out and have some factual data to get from A to Z.

Right this minute at close the Market values NWOG at .35 awhile back when the pre merger PR's came out the Market valued it in the $1.40 and up range. The Market yes is the one who decides and based on the filings etc. the stock is undervalued but that means nothing because until the Market values it where it should be we can talk till were blue in the face about .75 or 1.00 or whatever and it means nothing.

Are there stocks out there that are valued properly YES, are their stocks that are overvalued according to book value etc. YES so it is time that we wait on for the Market and those investors who know nothing about this company to get educated and see the true value.

They will come on board slowly as we get our new symbol and new stock exchange and hear about the company when the new president addresses the public. That to me is factual things that will move the price to a more accurate value based on the companies own valuation of the post merger entity now called NWOG.

Hope you undertand that I am here for the long and patient ride not the quick get this thing up so I can sell ride.
Best to you vic as you ponder the future of NWOG
Brent