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SeaOhToo

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SeaOhToo

Re: VERAX post# 2242

Thursday, 12/22/2011 12:30:18 PM

Thursday, December 22, 2011 12:30:18 PM

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Doc, there is a reason the assets have been devalued. Cano spent a fortune setting up waterfloods...only to realize production fell short of expectations. Thus, the assets were revalued downwards. Becareful and do your DD. This is not a $5-10 stock anymore, even those that paid $8 sued the company for over inflating the PV-10 values.
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