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Re: The_Pro post# 3983

Thursday, 07/15/2010 12:05:42 AM

Thursday, July 15, 2010 12:05:42 AM

Post# of 35087
No problem. The risk here is obviously that USOG might not be able to get the cash to complete the deal. If that happens it's going to be a long couple years. However, if Mr. Turnbull is correct and the deal does get done we are sitting pretty. Another bonus for us is that United is located in North Dakota which happens to have lots of tax incentives for businesses and the lowest unemployment in the country. Last I heard it was around 3.9% or so. Lots of room for growth sitting on top of a pretty sizeable oil field. United is positioned EXTREMELY well to benefit from this situation. Alex is obviously doing his homework. My only hope is that the price stays low enough that I can meet my goal for number of USOG shares. If anyone is considering a purchase of USOG stock check out the recent SEC filings on the pink sheets website. I hope you have some time to spare but it's good reading. The management clearly spent countless hours disclosing all risks to investors and seem to have everything covered. Uplisting soon, Q2 results, Turnbull note paid. Investors? Maybe you?
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