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Re: Bobwins post# 18136

Tuesday, 08/02/2005 2:43:38 PM

Tuesday, August 02, 2005 2:43:38 PM

Post# of 173975
EGY - That explains the 1.2MM shares traded instead of the normal half million.... (Bobwins liquidating his position). I have a boatload (for me anyway) of shares (7,800) and really wish I would have locked in some $$ yesterday, but was away from the office. rats. I'm going to have to stew on this for a little while.

Any idea what their average revenue per bbl will be for the last quarter? Assuming their operating costs remain somewhat constant, each dollar increase per bbl X approx 500,000 bbls for the quarter should drop another penny per share to the bottomg line. That, plus what should be terrific cash flow should maintain some market confidence. I'm still right side up by a fair amount, but broke my new rule of not hitting a single stock this hard. Just like vegas.. It's REALLY fun when you win, but when you give a bunch back to the house the fun goes away.

It looks to have based in the 4.30's and as I write this, it's starting to climb a little.

GLTA

Jim
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