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Re: hillzman post# 41871

Thursday, 11/20/2008 4:29:33 PM

Thursday, November 20, 2008 4:29:33 PM

Post# of 51429
hillzman. Odds are in favor, yes, but problem is this....at .008, it could move to .02 quite easily and never look back below that level. A 100% gain couldn't be offset by the tax advantage. Then again, we could see .005.

My guess is we have some pending issues that could potentially create some movement. Horizontal drilling sometime in the next 1-3 months and deals with the ND leases. Any of these could be the trigger, or not.

Anyway, I've been burned before and see this as kindling waiting to ignite, so I'm staying put.

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