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Re: jsc52033 post# 155076

Saturday, 03/14/2009 12:45:16 AM

Saturday, March 14, 2009 12:45:16 AM

Post# of 361557
I got rid of a chunk I bought @ .115 first thing this morning for @ .29. Friggin rig news took us zippo. Nowhere.

"Just wait for rig news, we will fly".

Guess what, we have 2 rigs and we dont move.
I know, and save it, I do believe the bad economy has some to do with it. Its scary out there.

"Wait till we drill and have X amount of oil."

Maybe time to take some more out and put it on the sidelines like everybody else. Limit risk.


Cause I am now starting to think that maybe there "ARE" issues with when we REALLY get profit oil.
Looks like somebody knows too. Alot of somebody's. Look at the friggin SP.
So we have a rig.
So we have 2 rigs.
So we drill.
So there is oil.
So it goes on the books as ours.
SO
SO
So what if accounting (the ones who matter, not this message board) decides that our obligations determine us to be at .28

We have a reserve report out that has favorable info to us.
We are at .28


So if we cant even get a piece of that then we STILL dont move up.

"Wait till we experience a curiously conceived, far fetched, rat maze of a situation only rivaled on the best sellers list of the NY Times whereby after a 13 step fantasy process we will have stolen EEL along with their AIM listing while on the side gettin a hold of some producing properties close to the russian border while we are now somewhere around $3.XX"

Whoops, "POOF",,,,there goes that AIM listing.


Yeah, after ALLLL we have been through with trouble, how bout we take them over and ALLLL their own BS problems.

No Thanks.

DISCLAIMER: THIS IS A DISGUSTED POSTER"S POST. THIS IS NOT, I REPEAT, NOT AN ATTEMPT AT LOWERING SP PRICE. IT DOES NOT NEED ME TO DO THAT.

Back to cussing now!! lol

No Value --But Priceless Nonetheless - Rancho Palos Verdes