posted
bdgee i wish i could argue with your post, but i believe it to be true unfortunately. the police don't even have to knock or announce their prescence before entering your home, as this was overturned by the courts last week.
i also believe the voice of hope as pg says "we are the good. We always prevail in our time." and as in every other society in history, our time will come.
-------------------- I'm from Missouri - Show Me! Posts: 950 | From: Middle of Nowhere, Missouri | Registered: May 2006
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posted
Press Release Source: Nord Oil International Inc.
Nord Oil International/North-West Oil Group Targets Oil Producer in the Saratov Region Thursday June 29, 9:48 am ET
MOSCOW--(MARKET WIRE)--Jun 29, 2006 -- Nord Oil International/North-West Oil Group (Other OTC:NDOL.PK - News) is completing negotiations for the acquisition of NK SaratovNefteGeofizika in an all cash deal. This acquisition shall be made in parallel with the Magma deal which was announced last week. There is a definite interest by a number of European funds to provide the necessary funding for these acquisitions.
The President, Mr. Ernest Malyshev, states, "Russia is a key supplier of petroleum products to Europe, and the European banking and commercial institutions are eager to participate in all oil/gas ventures involving oilfields in Russia."
NK SaratovNefteGeofizika is an oil, gas and condensate producing company located in the lower Volga basin within the Saratov area, which is a mature petroleum region of Russia.
The purchase shall be for 100% of both the Company and its subsidiary, ZAO Itilneft.
The Company, which was formed 7 years ago, provides an excellent opportunity to acquire low priced assets in the very prolific Lower Volga Basin; its licenses have significant further upside potential with a large surface to explore within well-defined prospects. The Company has all the necessary services and facilities for growth. It presently has 142 employees and 3 certified chemical laboratories.
The assets of the target Company include among other advantages the following three areas of production.
The Ternovskoye Oil and Gas Field has 6 wells with a 7th well being set up, and it consists of the four reserves.
Its Klinsovskii Oil Reserve has 12,446,000 barrels of proven reserves and 17,994,000 barrels of probable reserves. In 2005, annual production was 584,000 barrels of oil..
The Vorobievskii Gas Reserve has 3 wells and the probable reserves are 505 MM cubic meters of gas with 83,000 tons of condensate. The gas reserves are to be in production in 2008.
The Vorobievskii Oil Reserve has 3 wells with 5,548,000 barrels of reserves of oil.
The Bobrikovskii Gas Condensate Reservoir has 4 wells with estimated gas reserves in the amount of 556,000,000 cubic meters.
The East-Ternovskoye Gas Condensate Field has gas reserves of 107MM cubic meters and 129,210 barrels of condensate. The probable gas reserves are 207MM cubic meters and 250,390 barrels of condensate.
The Ostrolukskoye Oil Field has 2 wells with a yearly production of 85,417 barrels with proven and probable reserves of 85,417,000 barrels of oil. There is also a direct pipeline to the Engels oil and gas base which belongs to the company.
The quality of the produced oil from these deposits shall obtain a premium price per barrel and this will economically provide a most efficient return.
The acquisition should be completed within 2-3 months and shall provide Nord Oil International/North-West Oil Group with another step towards its quest to greatly increase its presence in the European oil marketplace.
The President, Mr. Malyshev, assures the shareholders that this step as well as that of acquiring the Magma operations shall dramatically increase value for the shareholders and market presence, value and strength for the Company.
About Nord Oil International Inc.
Nord Oil International Inc. is a reporting, publicly traded Oil & Gas company trading under the ticker symbol NDOL on the US Pinksheets market as well as on the Frankfurt Exchange under symbol CXIA. Nord Oil International and the North-West Oil Group merged on May 11, 2006. The company is in the process of filing all regulatory statements and will change its name to the North-West Oil Group and will be issued a new ticker symbol. The company presently produces over 120,000 Metric Tons of crude oil yearly.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
posted
nice acquisitions!!! out at 0.33 for today though!
-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations. Posts: 961 | Registered: May 2006
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posted
This appears to be the first of two unreleased news I mentioned about a week back. Should be one more news release in the future.
I wrote of a possible chance to flip, based on a condition of NDOL dropping to .25 per share. Headed that way, but not quite.
Rather doubtful there is any flipping chance today or tomorrow. Reaction to this news is anemic. Maybe a penny per share, maybe two cents per share flipping. One or two cents is too narrow of a window; too much risk.
We shall see as daylight burns.
This does add to concerns of high debt. NDOL is taking on or claiming to take on more and more debt but no revenue backing.
I will be interested to learn if any of these deals actually pan out.
posted
Cannot help but notice NDOL does not reveal a purchase price, as with last news.
Based on last news, current news and news to come, if released, NDOL will be taking on somewhere in the range of three-quarters of a billion dollars to a billion dollars in new debt.
Lots of debt, old and new. I question if this is a prudent move by NDOL.
posted
no i think it's just sad how much time you waste on bashing stocks you don't like
if i were to bash stocks i hate i would have no free time or time to work left.. i'd be purl boy i hate INTC... i will now dedicate every spare minute of my life to badmouth it on every possible forum
i hope for you you are getting paid to to this... else it's just real, real sad
(ps: you don't have to enter as if you are writing on a typewriter
quote:Originally posted by Purl Gurl: This is an interesting claim by one of your friends, a claim much in keeping with your high quality comments,
"This is a $30 stock....and thats the facts jack!"
Purl Gurl
what's the difference between saying it's a scam (and thus worth nothing), or a best a sub sub penny and this?
Posts: 51 | From: Belgium | Registered: May 2006
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posted
"i agree that 2 or 3 cents a share is not worth the risk to flip"
You know I am, like Blue, very conservative.
My personal rules require a wider spread for flipping. My minimum is five to seven cents with a optimal goal of a ten cent profit margin.
Trying to work a penny or two cents, very risky. I will work a penny or two on stocks under ten cents per share, stocks which exhibit a long and predictable price history, if I want to pick up a few hundred, quickly, maybe to pay for a new pair of shoes.
Contrasting this, NDOL shows a history of poor response to news. Previous pumps, the DML pump, current pump, results are laughable and point directly to heavy dilution.
A stock which displays heavy dilution is always a poor choice for flipping; no volatility.
For NDOL, I would have bought some at .25 per if signs indicated no further dropping, then flipped around .30 to .35 per share. This did not happen, but might between now and the next pump news from NDOL company.
Some boys never grow up, never move past early adolescence.
You know the boy is a famous stock trading advisor. Has his own newsletter and all that. He pumped NDOL to his readers at .55 to .60 per share. Those readers lost half of their money, to date.
I looked over his track record. Not good, not good at all. People who take his advice almost always end up losing money.
Readers, although these discussions appear to be off topic, there are many lessons to be learned here. My hope is you are learning.
You are precisely right, Glassman. I would add abnormal thinking, such as his, is very typical of these fools we read, most often, on stock message boards; they are the loudest and greatest in numbers.
Deep denial, inflated ego, lack of confidence, significant ignorance, poor thinking skills, childish demeanor, temper tantrums, on and on, all wad up into what I term with endearment,
I just have not placed the little sticky thing on there yet. Besides, when I flee California, first I will start with New Mexico plates. Upon leaving New Mexico, then Texas plates, finally Oklahoma plates then Muscogee, then I am off to Choctaw Town! That is where all plates come off and the barn doors are closed.
Horseback, bareback, from there to my hideaway cabin way back in a pine forest.
Do not start any rumors! Readers are already fearful enough of me! (for good reason)
I would bribe you with naked photographs but those only work on Tex. How about a beautiful tall nude glass figurine of Bette Page? She is just as crazy as me!
since 2002 they have steadily increased their Securities sold, not yet purchased, at market value from 84 million to over 505 million... they were at 343 million in 01 and they obviously covered....
that's a lot of stock nekked shorted...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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