i have been a thinkin, page-2

Hi Nomad,

I definitely agree with you there. From the beginning it was my belief that AWE would be very active and aggressive in attaining some sort of interest in NWE's tenements.

Whether it is in the form of a JV or a take-over is anyone's guess. Personally i believe a JV is the way Michael and the boys will go. They will want to ride this one out 'til the end.

I'm sure AWE will be looking at the potential reserves of NWE and will be licking their lips. After all, AWE has almost 90 times NWE's market cap and NWE are potentially sitting on almost twice the amount of recoverable oil. What a great situation for us to be in.

Whichever way things pan out, we know two things:

1) There is a hell of a lot of news coming over the next couple of months, as you pointed out.

2) The stock price will be many multiples of where it is currently sitting once this news is out and digested.


Gray Nomad, while waiting for NWE's true value to be achieved, i've been eagerly searching for another oiler that is similarly undervalued and will provide great investment value. So far i have found no company that comes close. Have you had any luck mate?