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Re: Derekz post# 594

Friday, 08/11/2006 8:05:42 AM

Friday, August 11, 2006 8:05:42 AM

Post# of 45176
Stock price will be going up, eventually, if I am correct. This is getting to be a bigger and bigger company. We are now starting to drill new wells and not just open old wells. At some point, I suspect we will start to drill in areas other than Caddo Lake and not be as dependent on the higher price of oil. This could take a few years, but the writing is on the wall.

Has everyone listened to the conference calls as in two of the recent news releases? Didn't the Grozzo interview mention going to Amex and the audit being done this month?

I have not sold or traded one share. I think now is a good time to be buying, actually.

The growth of this company should continue exactly as it has been for some time. I think we will see a number of $25 mil deals in the upcoming couple years as the company is audited and listed on the Amex. The share price should rise as a result.

I wouldn't be surprised if we buy out OMOG. I think current OMOG shareholders will continue to be disappointed, but I could see us buying OMOG just to get all these legal issues behind us. On the other hand, we could easily just wait to have things settled in court where we will win rulings that will essentially free this company from the legal issues. I hear we will probably do that, but I still suspect we will buy OMOG.

BDGR: $.84
OMOG: $0.0042

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