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kookiekook

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kookiekook

Re: EricVan post# 9546

Sunday, 10/28/2007 5:50:46 PM

Sunday, October 28, 2007 5:50:46 PM

Post# of 10499
IMO people are overly concerned with the "new" CFO selling about 40% of his holdings in this company. The compny has substantial cash (or cash equivalent) reserves and proven gas and oil producing properties. In addition, I reviewed their potential producing areas and see the potential for them (my degree is in Geology). With Gas and Oil rising in cost, I believe DOIG is in a good position to capitalize on the current conditions. I do expect some PR this week to explain the sale by the CFO.
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