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Re: sahd3g post# 9205

Wednesday, 11/09/2011 10:52:41 AM

Wednesday, November 09, 2011 10:52:41 AM

Post# of 21090
I'd wager that a chunk of the selling is money that recently came into this company to trade the drilling completion and just saw their timeline moved out. Just reset the chart back a few weeks and ....
Further I doubt that we will get much additional info on the $10M "deposit" on another property. Will probably be confidentiallity agreements in place. Not sure I agree with that but it is what it is. My only conceren in that area would be if the drilling delays triggered the 2nd $5M payment. Also if the monetary commitmnets toward this project, in combination with cost overruns, jeopardizing the second well.
Hopefully we'll know more very soon.
GLTA