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Alias Born 01/26/2011

Re: jojoba post# 479

Tuesday, 08/30/2011 6:12:56 PM

Tuesday, August 30, 2011 6:12:56 PM

Post# of 555
Anything is possible. I think management are very shrewd and have a couple tricks up their sleeves. From my conversations I believe a farm in is probable, which will (in addition to the twenty million we stand to make from warrants in January) cover the costs of an EXTENSIVE drill program in the spring. This I hope will lead to project based debt financing related to the last requirement of our liscence....the topping facility. if all this comes to pass...we'd probably still make money if we showed up at 40 cents.

I expect a big jump on the announcement of a farm in partner, the actual spuding of the wells, the results and the announcement of the spring drill campaign. I can't be certain of the timing of the drill campaign though.
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