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Re: hillzman post# 4682

Sunday, 07/16/2006 4:45:20 PM

Sunday, July 16, 2006 4:45:20 PM

Post# of 28061
I think the odds are great for the longs in this one. We have PIP and its much better than normal discovery ratio as our tool - and that I have checked out nearly one well at a time - and we have all the normal further confirming signals which further prove to management that they have chosen a great place to use their $$ and that the probablitiy of success is very good. The company also has multiple major activities in the que - the most obvious and most discussed being the current Texas field and the soon to begin NM major play...and there at least two other majors in the wings IMHO. So we could go even 1 for 4 and we would still be in heaven in the end - this year IMO...and there is no way when you fold all the statistics together that EDEX will be on the low end of the potential. I like the idea of no worse than 3 for 4!

Of course an early success this week will get a alot of attetnion and make makin' money alot easier for all of us!

Gonna be interesting to say the least, zagdad

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