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bhumiartha

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bhumiartha

Re: wshaw14 post# 1478

Friday, 05/09/2014 11:12:31 AM

Friday, May 09, 2014 11:12:31 AM

Post# of 2595
I'm going to pick up what I can until the price reaches 48.8 cents, which is what Maurel and Prom paid to buy in to DWOG.
M and P has a market cap of $2.35 billion and had 2013 sales of $869 million.
They obviously see value in DWOG that's above and beyond the current market valuation. If M and P think they're going to make a lot of money after paying such a premium, and all the development costs of the pilot project, I want to be along for the ride.
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