SP3 We at OGW have a very small residual holding now in PSA, a...

SP3 We at OGW have a very small residual holding now in PSA, a large holding in PPP, a growing interest in NZOO and a trading interest in a range of other stocks either directly or via accounts we manage. All listed in the disclaimer in the OGW.

Yes we do have trouble coming to terms with Nido's valuation, but the market is the market and it can value stocks as it likes. The trick for traders is to get on board those stocks that get attention in chat rooms and run like the blazes when sentiment is behind them.

Grahamc58 and I were two of the three investors at the first Nido Extraordinary meeting that introduced the new management team. We were outnumbered by the Nido Executives three to one! Incuding "the mormons" as we called them Quafe and Matin uncomfortably decked out in suits and ties.

Nice and warm here in Wichita Falls, Texas. Northern Territory Oil will drill its first well in nearby Petroliia (17 miles down the track) in early June. The first shot will go to basement at 2,600 feet, test 5 sand lenses and a carbonate play above the granite basement and is located in an undrilled small acre former Chevron block slap bang in the middle of the field. Are we excited? You betcha.

Jocam9