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Re: Howardhaftel post# 992

Tuesday, 09/23/2008 10:03:18 AM

Tuesday, September 23, 2008 10:03:18 AM

Post# of 42999
My target on oil is now 87$. I think we will see this price before the elections. This has no impact on EEGC. The stock will behave the same way with a barrel at 85 or 145$. We are just talking of discoveries for the moment and the first drop will make the price go up to 2$. They will need months (If they hit) to have an idea on the amount of oil they have below their feet. check JNX in Canada. they went from 0.5$ to 8.5 and are now around 2.5$. All this is speculation and EEGC will have the same treatment.
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