InvestorsHub Logo
Followers 0
Posts 189
Boards Moderated 0
Alias Born 07/09/2008

Re: TopHat post# 27594

Friday, 12/18/2009 11:41:07 AM

Friday, December 18, 2009 11:41:07 AM

Post# of 28061
tophat, tom's written statements make definite claims that eldorado had control of drilling and testing. Could this explain why he has now deleted all past press releases from the eldorado website?
a quick google search of official edex news releases show why investors would naturally conclude that wildcatter was in the drivers seat.
a few examples:

Eldorado Exploration, Inc. Year End Update
2007-12-19 EDEX will finish the testing of the Mesa gas field in New Mexico.

The Mesa well drilled by Eldorado Exploration

The company has also leased over 28,000 acres on two nearby structures found using the PIP process

IRVINE, Calif.--(BUSINESS WIRE)--Eldorado Exploration (Pink Sheets:EDEX) announced today that it expects its Passive Induced Polarization “PIP” technology to locate hundreds of undiscovered commercial oil and gas deposits

The Mesa prospect was originally identified by a process called Passive Induced Polarization (PIP) which David T. Laurance, the president of the company, has been using since 1992

does this quote from one of the earlier press release indicate control of whats going on?

The company also will push back the start date of its Mesa well in New Mexico,








Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.