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Re: jimbonano post# 4603

Friday, 12/05/2008 10:04:43 AM

Friday, December 05, 2008 10:04:43 AM

Post# of 7284
So Jimmy, you are saying that if TIV had of delivered the goods as hyped (and yes it was hyped in my opinion) in PR's, it wouldn't have made any difference and we would still be looking at a sub-$2 share price, or lower, right now? Sorry, but I have to disagree. I believe that if TIV really did have the kind of production eluded to (but covered themselves well with a lot of "fine print" safe harbor language and production "capacity") as touted in Pr's about the wells drilled at Temblor, the water & steam floods there, the PV wells drilled, steam flood there and all those supposed boed's, the "big" Moffat "discovery" (not to mention all the existing multi-billion barrel "discoveries" like Ekho) during a time the share price was $9.5 last June/oil prices were $147/barrel & oil stocks were in demand, we may have seen that AGM touted "short squeeze" and a double digit stock price. And right now, instead of sub-$2 stock we may be looking at $5-6 stock price. And then if/when TIV ever comes thru with the elusive verifiable numbers to back up/support what was stated in PR's, or something better, the stock price would probably rebound to the $8-9 range. Now, $6 looks absolutely phenomenal.

Just my opinion.

Geo

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