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Thursday, March 22, 2007 1:49:44 PM
I just read an interesting story in "Montana" magazine about that state's current booming oil industry. Like Texas, their boom went bust after the early '80s, but now it's back. They particularly use a lot of horizontal drilling (actually invented in 1891!) to locate pockets of oil and gas. I'd like to see a PR from TNOG saying they're going to do this on the Stanley Well--and use the other well for water disposal. I'd like to see any kind of news, actually.
Meanwhile, here's what I've learned about pinks: The best time to buy them is during lull periods when the price is very low with little interest or news. A lot of MMs love to work on longs during these periods..to get them to cough up their shares for next to nothing.
GLTA
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