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Re: RIckBuck post# 1534

Friday, 10/01/2010 2:20:35 PM

Friday, October 01, 2010 2:20:35 PM

Post# of 4259
I have no idea if the board will ever consider a buy back. But it can be real. Right now Archer Daniel Midland is buying back stock (since last August the stock has gone up between 7-8 dollars a share). So it can happen, but most likely not for a while. First they got to cut back expenses, build up funds before they can do a buy back. However during this time, if I was on the Board and I see I can gain more active wells, I will use the monies to purchase the wells and hold off buy backs. I just don't want a purchase for shares again!
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