Cross Border Resources, Inc. (XBOR)

[Ed Ajootian]

boomer, thanks for your thoughts. So far it looks like you made a good decision in taking the deal. I see that RDMP succeeded in getting that $4M promissory note extended out to February now. Granted the delay amounts to just "kicking the can down the road" but it buys Alan some crucial time to see if he could get something else done.

My remaining concern about holding RDMP stock has to do with this XBOR overhang. The acid test will be, do we see added selling pressure come 12/13 (the 6 month anniverary from that 1M share trade done in June), and if so, would such selling be met by sufficient buying to keep RDMP's stock price from cratering even further than it has already for the last 6 months or so. I believe that the June trade was the first one done since the RDMP takeover of the XBOR board. The other thing we have going on here (with both stocks) is the tax-loss selling, for the next month anyway.

IMO anybody who has free-trading RDMP stock and does not sell at least a portion of their position before 12/13 has got to be an idiot.