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Re: tefman post# 5390

Saturday, 02/24/2007 1:55:24 AM

Saturday, February 24, 2007 1:55:24 AM

Post# of 68381
I dont see any r/s on the horizon, I don't think you will see an increase in the A/S until the next run is underway. I think the FAB investment has legs, but it comes down to timing and I'm not sure Getnit recent post by the end of March will be the timeframe, the Trutch well results were supposed to come off tight hole last July-it didn't happen until October. Still Natgas production in North America is in decline and the Trutch wells should be flowing soon, I think a bigger move in FAB will be when (who knows) they release reserve estimates and more wells from Slave Point.

Then if IDCN follows that up with actual plans (JV I expect) with the uranium mining, if done right we could get a sigificant move, much better than the last, but thats a big if.