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Re: futrcash post# 17312

Tuesday, 10/03/2006 7:27:21 PM

Tuesday, October 03, 2006 7:27:21 PM

Post# of 35788
I'm off to a seminar by some guy who wants everybody to buy his momentum tracking software. NOT!!....

But as regards BIGN, I have to agree with you futrcash: it is absolutely necessary to establish value based on numbers like mcf/month, months to payout of drilling expenses, bbl/month, and so on.

I remain adamant that management is completely wrong to place so little content in their information releases. These guys claim they are in pursuit of becoming a known entity in the oil & gas arena. If they continue as they have in the past, they are like a basketball player who claims he wants to become as famous as Larry Bird, its just that he doesn't think anybody has any need to actually see him play. I mean come on now... being conservative with info as a policy is not the same thing as systematically issuing press releases that are both confusing and devoid of any real content. Thats not a conservative policy. Thats deceptive. Calling that conservative gives genuinely well managed PR policies that are indeed conservative a bad name.

You are right about value ultimatly devolving to a fundalmental connection between real numbers and investor perception. This will not ever be accomplished so long as BIGN, Tyche, & WWNG generate the types of information releases they did today.

I have no problem with infrequent press releases. It is not unreasionable to expect the few PRs that do come out to actually say something useful that contribute to the overall value of the company, especially when the announcements involve good aquisitions such as happened today.

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."