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Re: dragon man post# 42012

Friday, 12/21/2007 8:01:23 PM

Friday, December 21, 2007 8:01:23 PM

Post# of 46027
Malyshev stated in a PR about six months ago that the Company could be sold for $100M, and he's still singing the same song.
Personally, I don't doubt it, and it will be worth even more if he can close the deal for SNGF.

Staying on the pink sheets is a death knell for the pps, and I am convinced of Maly's intention to get us uplisted, but I don't see that happening for 9-12 months.

Like many, I'm down thousands of dollars here, but I expect to make it all back over the next twelve months when Maly comes through. The oil is there, they're pumping it, and there's more in the pipeline. We are way undervalued, so Maly is going to do whatever it takes to increase shareholder value. He told me that personally when I thanked him for last year's Christmas PR. I always take a man at his word unless I hear treachery in his voice.

I think we should keep writing to his crew (civilly) with our questions and suggestions. I don't think he is backing down from his promise to dialogue with shareholders. Anyone who doesn't have the patience or the stomach should sell now to declare the capital loss in 2007 and then buy back after thirty days. Just a suggestion. Then you can thank Maly for the tax deduction and get back in in time for a 2008 multi-bagger.