Diversified Oil and Gas Holdings (DVFI): shermann

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Imperial Whazoo

Re: Imperial Whazoo post# 16839

Tuesday, 09/26/2006 1:17:49 PM

Tuesday, September 26, 2006 1:17:49 PM

shermann -

An optamistic idea, maybe, is that oil will recover over the next weeks. I don't think there is any way gold or oil will stay down. This is good timing if BIGN comes out with good news on Grimes and/or good news on E. Texas. A thrust in the price of oil at the precise time of a great PR release (or releases)... good for BIGN, I'd think.

Also, for all we know, the price BIGN is giving in their LOI offer is probably built using the prices that were higher a couple of weeks ago. So, the seller may be stimulated to act quickly to lock in an offer that includes oil price projections that were formulated during the weeks that oil was at its highest point. Maybe I'm just grasping at straws, but maybe not.

Imperial Whazoo

"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."