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Re: roguedolphin post# 1595

Thursday, 03/24/2005 4:01:47 PM

Thursday, March 24, 2005 4:01:47 PM

Post# of 33753
roguedolphin...RRainman always has an opinion. Either very positive or very negative. I doubt he has any evidence of scam but the big projections for EGSR.ob probably reminded him of a scam operation. I am reasonably sure that it isn't a scam due to an onsite visit by Jackster. I think Jackster has proven to be at least as good as RRainman at finding undervalued energy stocks. Jackster has concentrated on domestic microcaps vs the bigger foreign drillers that RRainman has proven to be so good at DDing.

EGSR.ob has been frustrating because it appears they have failed to do some pretty basic things with their gas wells in Kentucky. The dispute with their driller certainly fouled up their pretty projections.

I think their Kansas operations, which they don't control, will contribute much needed cashflow to help finance the 100% owned Kentucky ngas wells. Patience is going to be required because the Kentucky wells are low production wells that are going to require extensive pipeline construction and pumps to get the gas to market.

The driller problem appears to be resolved and I think q2 should be cashflow positive with a potential for showing profits. The potential here is pretty high, with lots of prospect drilling sites. Bobwins

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

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