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Re: ws post# 8

Friday, 08/25/2006 9:15:40 PM

Friday, August 25, 2006 9:15:40 PM

Post# of 6708
Hi ws, well if you don't like dry holes, you have come to the right place. As you will learn they are building their business foundation by including carefully selected re-work opportunities, along with more traditional exploration, for their early portfolio where risk is at a minimum, revenue extremely likely and early, and better than average opportunites are possible. I think I like reveune coming in early as it keeps the lights and minimizes dilution. They seem to be doing a good job of walking us through this most recent commitment via update PRs - hope it continues.

GL, zagdad