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marcg

11/25/06 10:59 AM

#21371 RE: RUSHMORE11209 #21370

Couldn't agree more. I've been saying that for months in the hopes that other board members would be more aggressive in their attempts to contact management.
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leebret

11/25/06 12:16 PM

#21373 RE: RUSHMORE11209 #21370

Since they the (insiders') own the majority of shares. It would make sense that they could make the case they have suffered more.

I haven't heard one of them complain or bellyache. Merged six months ago many expected the stock to head to the moon. Great oil and gas companies are not made overnight and certainly not it six months.

How many companies do you suppose are out there that are undervalued. There has to be thousands! At some point value and share price will converge. When we start seeing some numbers (earnings and production) the stock will begin its assent.

They can't be happy with the share price either. Do you think they have a plan? At this point they might be better off taking the company private. However, they know the share price will catch up with the market value.

The market doesn't like the non-reporting status right now. That will all be resolved with the AIM exchange. It wouldn't make sense to have dual reporting. Why, spend the money reporting now and then spend it again preparing for the new exchange requirements. At least that's why I believe they stopped reporting for now.

We have seen some of the earnings (at least we have earnings) and it's only going to get better. I have confidence that they will be very transparent with us when they start full reporting. Because they the (majority) stand to gain more than us the (minority) shareholders! If there is a plus to being in the minority it would be that point.

Is the company flawless in its approach to us, no, far from it. Is there information that would help the pps now? Absolutely. Do they need discernment dealing with public shareholders, unquestionably.

Do you think they're looking over there shoulder everyday at the share price? I would say, they aren't concerned in the least. This won't be a day to day story or week to week for that matter. I'm thinking two to five years from now, where will the price be then? Diamonds aren't formed in the ground overnight it takes years.

I'm sure the majority are thinking mostly about what will growing this company mean to them in the long run. Knowing the share price will take care of itself.

Question; can we/you afford to give them six more months, maybe a year? For some real gains that make a difference in life and for the rest of our lives.

I'm staying patient on Northwest Oil Group.