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Re: LilJimmyKirk post# 26255

Wednesday, 02/23/2011 10:13:26 PM

Wednesday, February 23, 2011 10:13:26 PM

Post# of 30337
Ok. I think that informative post is total junk. Its total pump from a long probably stuck in his position from. 005 or something.

Spin this how you want. They don't own anything. How will they buy into more and bigger Wells? This is a high dollar game and they don't have the dollars. That's ok and that's not the main reason I don't like zlus.

Its because they acted like they were getting a big piece of this well. They have a billion shares OS. Then we find they only have 9 percent. That may have only cost 27k to buy. It may only gross 25k a year. You are considering buying shares of an "oil company" that only has 9 percent of one well and a 1.5 billion a/s?

Now people will say that its ok, they have three deals in the works. They are no secret surprise. They will cost 36 times the monthly gross they produce. If the well produces one hundred k a yearthen zlus pays 300k. They can buy as much or as little as they can afford. They don't have any money thought.

Wait. There's a magic institutional investor. They are going to fund the three Wells. Wont they want the returns in proportion to what they invested. Wont they?

If you want to be in the oil business this isn't the right stock. Just buy into an existing well like zlus says they are doing.

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