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Re: needy post# 315

Thursday, 06/30/2005 11:21:18 AM

Thursday, June 30, 2005 11:21:18 AM

Post# of 1197
needy, the current price per share does not bother me at all, I do not want to sell today I want to buy. No mainstream bank would give 24 million to a company with the promise of 100 million upon completion of proven reserves audit.
The reason why I like this company so much is the fact they do not come out with alot of fluffy press releases, these guys are oil men and they are in the field doing what oil men do.
The reserves summary I put together this morning is all that a true investor would need to make his own decision. The numbers I got from the summary were from the prospectus that came out when this company went public. They are accurate and we are just waiting for the independent audit of the reserves to verify the numbers so that they can apply for an AMEX or NASDAQ listing.
Anyone that sells today will be filling my buy order..

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