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Re: Apophis post# 17102

Sunday, 10/01/2006 6:31:05 PM

Sunday, October 01, 2006 6:31:05 PM

Post# of 35788
Why every day do so many people say authoritatively that a PR will be out this week, that it will happen "for sure". Hope is a poor substitute for company progress.

Having said that, I bought this stock in the misplaced reliance on company projections. I was looking ONLY for progress on the Grimes wells. Executing the E Texas LOI, IMHO, is way beyond over the capabilities of Mr. Lancaster and other people behind the scenes and I expect a PR some day with some other subject as the headliner and buried in the bottom paragraph will be a "note" that the deal is dead.