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Ely

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Alias Born 07/31/2006

Ely

Re: None

Friday, 09/19/2008 10:49:02 AM

Friday, September 19, 2008 10:49:02 AM

Post# of 45771
"If all is in order, the company will execute all the required formal contracts immediately and announce the terms and winning bidder early next week."

Taken with this:

"The company believes that the salvageable value of the property to be in the range of $15,000,000 to $18,000,000 million dollars and anything less than that is unacceptable"

And This:

"The company believes that the natural gas holdings on its properties are significant and needs an expert opinion and evaluation to verify its belief, if the expert geologist agrees the company may explore a possible spin off of its natural gas holdings or an out right sale."

Pennies!!!