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Re: smokyjoe post# 1670

Wednesday, 07/06/2011 6:27:47 PM

Wednesday, July 06, 2011 6:27:47 PM

Post# of 55029
No, just selling. begat by more selling, begat by more selling.

...Based on the interpretation of the logging data that we obtained, there is little chance that the Ma’anit-Joseph #3 well contains hydrocarbons in commercial quantities...

How many dry holes have they drilled now? And each hole keeps getting more and more expensive. Have you noticed they need more and more money each time to drill??

All the insiders just got their option grants, I'm sure they are miffed that they can't sell above $5 a share. Now they will be competing with everyone else that's selling shares, too:

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7700445
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7700594
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7700931
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7701261

I hope you good people aren't throwing more money at the latest rights offering. All this company does is net a few new fish, and line their pockets with more cash to burn in yet another dry prospecting hole.

KEEP YOUR POSITION SIZE SMALL, for Heaven's sake. Don't get fooled into giving them more and more money, for they will just turn your money into dust.

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7697132
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7691389
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