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Re: abbam post# 19669

Tuesday, 06/12/2007 11:05:11 AM

Tuesday, June 12, 2007 11:05:11 AM

Post# of 28061
The amount of possible reserves of edex is huge
The market is aware of those reserves, you are right!
Take in mind that possible reserves are not included in the share price, thats the point. If Edex reports negative results concerning this three zones then the share price will be in the 0,00 range. And people thinking too that PIP is not the best solution. Where should the money all come from for the next projekts? Do you belief the big boys want spent money in something that brings no return? Everybody knows ther is oil but who finds it is the winner.When not Edex it will be another co.
My opinion is if EDEX find no oil it will be very difficult to finance the next projects. I see the situation here a little bit more realistic. This is a EXPLORER COMPANY.
If they hit then EDEX will be in every mouth on WALLSTREET thats for sure and 0,8 is the begining.

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