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smoke

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smoke

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Re: freto post# 7217

Sunday, 02/04/2007 10:14:03 AM

Sunday, February 04, 2007 10:14:03 AM

Post# of 140146
Freto, ref ILGY, I think the dilution already has killed it but then it seems to be bottoming here. Doesn't take much to shoot it out of the .0024 area. If we take the CEO's statement at face value (60 mil bbls reserve at $30/bbl should add 180mil ($1) to shares value) he may be telling us the 0/s is 180 mil and the present mkt cap is about $500K.

Anyway I'm in there but I'm not looking at hummers yet.
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