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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (41905)	3/22/2011 2:52:31 PM
From: dDye	Read Replies (1) \| Respond to of 78760

Pardon my cynicism, but it seems a little ironic that as I was checking out NOG's auditor Mantyla McReynolds, their latest news article addressed how a controlling shareholder should properly give themselves a loan to make sure they don't get in trouble. It is talking about wholly owned corporations, so I will give them that, but still, a little too close to home. I apologize for getting a little off topic. "However in the longer term total reserves could be overstated if accounted for incorrectly. Therefore, an eye on management's reporting here is critical especially in light of how NOG does their accounting."-Right on in my opinion. I will be keeping my untrained eye on it.