Diversified Oil and Gas Holdings (DVFI)

[Pennimon]

Joe: Hey, like your post. I also am in it mainly for Grimes properties. To date aint much impressed with Lancaster or LOI's.

If we had stayed the course and continually worked on Grimes we would now be at Grimes number TEN or so. Our cashflow and company balance sheet would be much stronger with a couple million CASH ON HAND.

A much smarter plan short term would be to acquire a proper "slotting" rig with all the fixin's. Even if they had to pay huge premiums it would still be worth it.

Oh well no good to second guess. Must still like bign because I picked up more yesterday. Hoping to get some wwng soon also, as I like the way it moves with volume, and like the sounds of LOI's there...