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Re: downsideup post# 8121

Thursday, 09/25/2008 4:35:18 PM

Thursday, September 25, 2008 4:35:18 PM

Post# of 64475
I have two comments here:

1. 2006 report says 4 million barrels reserve. It means $400m value. Why PGPM only got $40m note? It is about 1/10

2. Is it possible that they already had new drilling and a report with a much great value? Then they transferred the asset to IMVS/ACLE. If this happened, would the MM get much more from other shareholders?