Fox Petroleum (fka FXPT)

[I-Man]

Scott Fraser ought to be in jail for one thing. He is an idiot with SEC violations as long as his arm for misrepresentation of facts on many securities when he worked for a brokerage I believe it was some years back... and it is not the company- it is crummy imbeciles like him who make $millions putting out newsletetrs which gullible people waste money buying. NO newsletter has vere been proven to be worth its grain of salt.

Besides, this news is very old and a non-issue now. Since August 2007, $Trillions ahs been lost in all markets especially with large cap banking and real estate type stocks globally and central banks around the world infusing $Hundreds of Billions since then to add liquidity to keep things afloat.

Anyone who knows oil knows a lot of capital must continually flow into the development and exploitation of the product and that is what FXPE had been doing to secure the leases they had and now have moved forward keeping with their plans and the Anglesy well will have product (nat gas) any day in Texas to show and 2 additional wells in 2008 on the Alaksa & North Sea projects are moving forward with equipment procurement and set-up efforts for thsoe.