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STRONGUS

12/02/06 11:32 AM

#22062 RE: specbidder #22061

NWOG : Based on my conversations with the IR, looks like they will be communicating at regular intervals from now on leading to sharing information various deals, audit status, foreign exchange listing etc..I think the fall from 15 cents to 7.5 cents in a matter of few days made them see reason. The next 7 cents on the upside (hitting 15 cents) is easy money IMO..
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eik

12/02/06 11:37 AM

#22065 RE: specbidder #22061

<<The news about the Vodka company has nothing to do with "North West Oil Group, Inc ". Its to do with " North-West Oil Group - Closed Joint Stock Company ">>
This is possible (and even likely). Still, all this is more complicated than it seems to be. Where did they get $3mln to pay for “Vodka”? MOL $15 mln sale was reported as NWOG-public transaction. After all recent development I was under impression that they decided to put everything under NWOG/NDOL umbrella. If not – they will need to separate two accounts, two audits, etc. And what company is going to AIM? NWOG-CJSC or NWOG/NDOL?
My current impression: this latest PR was created in a hurry to fix the developing damage to the share price. All these pieces about NWOG-CJSC, old ticker NDOL, typos, etc. – is a result of “last minute compilation” from old PRs, made by somebody with less than perfect qualification. Again, the main news: the company doesn’t like current PPS and wants to improve it. If they want – they will!

IMO.

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mildtrans

12/02/06 12:39 PM

#22082 RE: specbidder #22061

If your assesment is right and it's sound reasonable to me then come Monday we really should load up the boat.