InvestorsHub Logo
Followers 213
Posts 61296
Boards Moderated 3
Alias Born 09/22/2005

Re: None

Friday, 05/26/2006 7:14:45 PM

Friday, May 26, 2006 7:14:45 PM

Post# of 35788
Grimes is definitely our cash cow - 150,000 to hydroslot a capped well that is a known producer versus 750,000 to drill a new well which may be dry or a low producer. There is over 1,000 wells in grimes, and we have only slotted 2!!! My guess is that BIGN is currently negotiating with Schlumberger for exlusive access to the well rework rig.

Also, I really think there is going to be a reverse merger with tyche after tyche is taken public, which should be in the next 3 months. I can guarantee you that BIGN management all has shares of BIGN and Tyche, and they want them to be worth as much as possible prior to the merger. I fully expect a good number of press releases to bring the share price up. I have no plan to even looking at selling some until at least .20 per share. Probably wont even sell any then unless something really major goes wrong. My calcs is that this stock is worth .27 as we sit including the new acquitition.

For one poster, this is my sisters first stock purchase ever (237,000 shares). She is currently doing cartwheels, and we will see how patient she will be. This is derfinitely a buy and hold as we sit.

Shermann