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Re: John Bates post# 1303

Monday, 01/10/2005 9:14:57 PM

Monday, January 10, 2005 9:14:57 PM

Post# of 173812
Niles: It certainly seems management is acting in their own self interest, and not that of the shareholders as they state in the PR. It's very disappointing news, just as the stock is making new highs and as the value of their reserves has soared with the price of oil. But it's another risk inherent to investing in the microcaps.

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