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NDOL.PK...is no longer valid. It has changed to "NWOG.PK"

Started by topharlem, April 15, 2006, 05:56:20 PM

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topharlem

very hot. check it out asap.  ;)

catrader

pr says buyour offer at $2.17, now in the 1.10's-1.20's.  might still have potential then.

garym

suprised it's not up more...lots of profit taking then up some more I bet.

Holygrale

#3
I'm in at 1.32......Hopefully the buy out sticks at they sell for $2.17....I guess we'll know on MAy 10th. But if you read the PR it sounds like management is VERY INTERESTED!

"The company reports that management of both Nord Oil International Inc. and North-West Oil Group are meeting over the next several days to further review the offer and determine the course of actions to be taken to conclude said transaction".

Holygrale

Folks I'm no expert, but those are some large blocks of over a million shares going thru........

Hostile takeover, or done deal............Suggestions welcomed.

catrader

seems to have stabilized and hopefully on way back up!

garym


Actually, they just released a second PR to clear up confusion this morning.  If you believe the company is trustworthy, this could be a quick double from here  :o

Press Release Source: Nord Oil International Inc.


Nord Oil Provides Details on Recent Purchase Offer and Merger Talks
Monday May 8, 1:46 pm ET


MONTREAL--(MARKET WIRE)--May 8, 2006 -- Nord Oil International Inc. (Other OTC:NDOL.PK - News) today provided its shareholders with details concerning the recent purchase offer and current merger talks.
ADVERTISEMENT


According to management, the recent purchase offer still stands until an agreement can be made, which would provide Nord Oil shareholders with a premium to the $2.17 offer. "Our intent is to create value for our shareholders and if it means taking the purchase offer versus a merger, we will. However, if we can establish merger terms more favorable to Nord Oil shareholders, we will opt for the more suitable conditions" said Mr. Makarov, President of Nord Oil International Inc.

It should be noted that the purchase offer and or the merger terms will be submitted to shareholders for approval.

About Nord Oil International Inc.

Nord Oil International Inc. is a reporting publicly traded Oil & Gas junior company trading under the ticker symbol NDOL on the US Pinksheets market as well as on the Frankfurt Exchange under symbol CXIA.

Important Information About Forward-Looking Statements


wiredkta

Keep an eye on this stock.  They just merged with another North-West Oil and the merged company is being valued at $2.20 per share.  It's currently at .85.  Watch this one close over the coming weeks.  My short term prediction is that this stock will climb back to the $1.10 - $1.20.  Once it breaks that, it go to about $1.50 - $1.70.  Just watch.


wiredkta

Saw the bid and ask this morning on this stock.  Take it for what it's worth.


garym

Why is this of significance?

Clearly an error and was intended to be 0.85 X 0.855 as opposed to 8.50 X 8.55!

wiredkta

No significance.  Just thought it was interesting.  Perhaps it's the future showing us a glimpse of what it will be going for in the future.

Chuck53

News Release earlier today:

"Nord Oil International Inc. / North-West Oil Group (OTC:NDOL) filed form NT-10Q to delay the filing of its 10QSB to assure all subsequent events are recorded in the quarter filing and provide its shareholders with all necessary financial information regarding Nord Oil and the North-West Oil Group including but not limited to the description of the its combined oil and gas reserves which add up to over 200 million barrels of probable and proven reserves, which are currently under license and being operated by the North-West Oil Group.

The current market value for 200 million barrels of crude oil is approximately USD $14,000,000,000.

The company also reported that the merger would be completed without any reverse split of the common stock, however the name would be changed to North-West Oil Group.

About Nord Oil International Inc.

Nord Oil International Inc. is a reporting publicly traded Oil & Gas junior company trading under the ticker symbol NDOL on the US Pinksheets market as well as on the Frankfurt Exchange under symbol CXIA.

Important Information About Forward-Looking Statements..."

Cnn link with news of the merger posted on another board today:
http://money.cnn.com/news/deals/mergers/reports/959109040.html

NDOL is up 12.24% on the  frankfurt exchange:
http://deutsche-boerse.com/dbag/dispatch/en/isg/gdb_navigation/home?action=ISGFormProcessingAction&eventSubmit_doSimplestocksearch=true&wp=cxia&x=15&y=3&linkList=Please+select..


So my question is why is it still down a little today, and is it a good time to buy?
Thank you for your time,
-Chuck



Chuck53

This seems like even better news. What do you think?

StockTargets Inc.: Investor targets increase on Nord Oil International, Inc. stock (Pink Sheets: NDOL) following a recent analyst recommendation

May 16, 2006 (M2 PRESSWIRE via COMTEX) -- Geneva, Switzerland, and Dover, Delaware, USA -- StockTargets, Inc., a private Swiss company and an innovator in investor sentiment tracking on listed stocks, measured a firm shift in investor targets over the past 2 days on Nord Oil International, Inc. (Pink Sheets: NDOL), following a new recommendation.

Investor sentiment and forecast shows a substantial increase, and remains resolutely positive on the stock's prospects, following the latest news and a revaluation of the company by TTS Zurich http://www.ttszurich.com. Investors now forecast the stock rising to approximately US$ 3.43 during the next 12 months. The StockTargets consensus 12 months target was US$ 3.08 recently...

Link to complete article:
http://quotes.freerealtime.com/dl/frt/N?symbol=NDOL&art=C2006051600136u7098&SA=Latest%20News

-Chuck

garym

I got sucked into this and sold for 40% loss.

All you have to do is follow the PRs to track the lies, lies about intentions, lies about valuation, lies about dates of release of documentation and lies about details of documentation.

On top of that, what does it mean to own part of an ultimately state-controlled Russian company that provides no financial information whatsoever?

Unless you have information that's different from above, I'd advise you to stay far away from this one. 

All my opinion of course.

setravis

#14
Changed Ticker Symbol

NDOL.PK  is no longer valid. It has changed to "NWOG.PK"
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis