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Re: dayneyus post# 673

Friday, 12/23/2011 10:27:16 AM

Friday, December 23, 2011 10:27:16 AM

Post# of 2020
So what is the consensus here?

At 60 million shares, and very little debt, the market cap at a .02 share price is already down 1.2 million dollars. They have virtually no overhead expenses right now, and still 20% on the JV deal (assuming MNLU survives), and since the property owner on the other leases cut a share deal and 5% deal with MNLU to release the other acres to MNLU, that is a vote of faith in MNLU.

Certainly was not good news, I really don't like the fact that AEXP and MNLU never told us those leases were in any danger of being lost ahead of time!!!!

But I just can't see selling now at 2 cents?

20% of the first working well, if MNLU ever gets off their ass, could be a very sweet deal!!! Plus 20% of the additional 8,xxx acres still in the JV deal. I also wonder if at some point down the road, if MNLU gets back on its feet, if their might not be a new merger at different term rates someday down the road.

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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