proper analysis of oel vs ndo, page-16

"Here's something for you, a bit of math... From an investment point of view over the past 2-3 months which stock has doubled in price... Please lets not crap about market caps..

Just a simple mathematical question... "

Oh my God. Jesus wept. Come back 62tart. All is forgiven....

Len, that is exactly the point I am making by doing a fundamental analysis of the two companies. Two months ago at 2.1 cents, NDO would have been a far cheaper entry into Galoc than OEL was at 7.3 cents. The logical fundamental thing to do at that point in time was to sell OEL and buy NDO (which I did).

Now NDO has doubled and OEL is only slightly ahead at 8.2, so it is now at this point that OEL that is the cheaper entry to Galoc.

Notwithstanding the various projects both companies may or may not have on, on a fundamental basis based squarely on the value of Galoc you would be selling NDO and buying OEL at the current prices.

I love it when the technical people try to do fundamentals. Pure comedic genius.