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Re: 1ijack post# 18307

Monday, 08/02/2010 2:23:22 PM

Monday, August 02, 2010 2:23:22 PM

Post# of 23619
ok, well the pros are the promise to fix and decrease the share count and though disputed by some db blowhards, imho they have made very satisfactory progress in that regard. They do have assets that they have disclosed which seem very valuable, dd suggests that recovery from the concord salt dome though low to medium yield is virtually certain, this with panola and caddo parish holdings the company seems to be significantly undervalued, finally the company talks about cash alot, and says they have cash deals they are doing dd on which does sound very good.

on the flip side we are left to speculate on when the deal with lanza / BDGR.pk will finally be disclosed, in about 4 weeks we should know unless barnett / ooag allows lanza to file for another unopposed delay regarding the settlement. but the stock price of bdgr is clear, its now as low as it can be pre-reverse split .0002 and .0001 hence the saying "if its bad for your it must be good for me" applies in this situation. nevertheless im peeved about the lack of disclosure, i do beleive more will be know and the stock will ultamately uplist to the otc.bb, I also think that the buyins report is right on about there being a huge short position which imho means that an uplist alone will force ooag to be moved to the threshold list hence forming a huge squeeze.

one can only hope

jmho

-real