Eldorado Exploration Inc (fka EDEP)

[BELIEVER]

Low-

This IMHO is the beginning for EDEX. The fact that Tom
said they would redrill Texas speaks volumes to me of what
we have going on here. They have passed on it for now to get
NM going and cashflows coming in. IF the Texas deal was truly
a dryhole they would not have mentioned a redrill they would
have glossed over it. The mention of sueing Tom is absurd.
This dump yesterday was setup the last two weeks as evidenced
by the stupid spreads that we all witnessed by the MM's. They
played the hell out of this stock and won-for now. We IMHO are
blessed to have a CEO that is so candid and upfront about the
companies successes and failures-that is the type of management that gets to bigger and better places and exchanges-not the typical penny management that is so evident
on the boards and their pumpass P/R's. I took alittle of this
off the table on Tuesday because I was way, way overweigh this
play. I have a solid core position here at it is still above this price. I await NM with it and more.

Best,

Mike