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Re: Gargoyle0_0 post# 15592

Monday, 09/11/2006 11:44:37 AM

Monday, September 11, 2006 11:44:37 AM

Post# of 35788
I spoke to IR a few weeks ago and can verify that the shares are available through September. They brought it up when I was asking about #3.

Are these shares considered part of O/S, or 'Available Shares' (or neither)?

I tried to come up with a PPS this weekend based on various scenarios but only had the o/s from pinksheet.com, 400MM from mid-year.

Just a half dozen wells in Grimes gives you a pretty good PPS using 10 as the PE, but P/E and available shares is guess.


JMO - Do your own DD.