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Re: irtamos post# 1922

Monday, 02/16/2009 1:01:21 PM

Monday, February 16, 2009 1:01:21 PM

Post# of 42999
thanks. after re-reading the last pr quickly, the $640,000 raised COULD fund the bellevue well to full depth. let us hope that the negotiations with the hunt rig people will accomplish the starting of drilling soon. as a shareholder, i would not mind hunt receiving shares of eegc stock if it means getting the drilling done.

whatever they need to do, within reasonable scope of things, they should do to get the drilling started. sept. 09 is not that far away, and with a success of oil and/or gas found at the bellevue site, the thunderbolt drilling looks more plausible as the .07 shareholder rights offering would be a pleasure to "engage in" as a shareholder because any commercial quantities of oil/gas will drive the pps up of eegc. (and i agree with one person who said the lease holder gslm or eegc has value there. let us drill and find hydrocarbons, and then we are in a great position.
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