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Re: tefman post# 6972

Wednesday, 05/09/2007 9:58:51 AM

Wednesday, May 09, 2007 9:58:51 AM

Post# of 68381
Tef out of jail! Congrats. Most of those shares would have been unloaded between .001 & .0005. The shares unloaded near the top put him over a million in cash, minus 250k for Abilene and less his Grizzly investment and increase in FAB hoildings. Plus he hired a geologist, I doubt they are springing for seismic on the property that is expensive, drilling a well will run over a million, IDCN will be responsible for 25 of the cost. My guess is they rework the 4 old wells first that will probably cost as much as drilling a new well. I'll buy back at .0005.