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Re: duediligence2 post# 12002

Tuesday, 06/12/2007 12:30:14 AM

Tuesday, June 12, 2007 12:30:14 AM

Post# of 51429
T/a projects:"W" bottom price pattern breakout above 50dayMA retesting .40+ left leg from mid April. The right leg of the "W"pattern will confirm price pattern completion with a close above .40+ near term. The price move/close above .31 last week was t/a very important. The retracement in the last 2 days is normal & expected after the MAJOR long term DOUBLE bottom that was confimed by an other successful retest of .21...Fundamentals will supercede t/a as the story in "book of Hemi" unfolds to confirm our own DD from Dec. about ALL pay zones being blanket in the areas near/adjacent to Hemi's Woodson County leases proven reserves. Please read connected projection posts & Dec. posts carefully to better understand the much BIGGER picture for BOE reserves in Ks. Thanks for all the excellent DD by team members that value DD2 accuracy too. Tia







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