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Post# of 42999
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oilsleuth

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oilsleuth

Re: Moneytree420 post# 22147

Thursday, 01/12/2012 12:16:15 PM

Thursday, January 12, 2012 12:16:15 PM

Post# of 42999
The addition of a new zero barrels oil reserve to the existing zero barrels oil reserve gives a grand total of zero barrels of oil.

A couple of years ago EEGC was in no man's land after the expiry of the SEL and before the granting of the new EL and the share price was not between .15 and .20. The .07 share offer to existing holders was announced near the end of 2008 which had the effect of bringing the price back from around .12 to .07 or a bit less.

The EEGC (cum GSLM) share price has never responded to fluctuations of the oil price.
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