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Re: tryoty post# 104092

Monday, 08/13/2007 9:40:48 AM

Monday, August 13, 2007 9:40:48 AM

Post# of 361993
Tryoty,

In a marginal respect it does not matter when development costs are paid off. A stock's share price is refelective of current income as well as potential income. The day oil starts to flow our share price will reflect that future income regardless of whose pocket the 'first oil' flows to.

IMHO (very long ERHC)