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Re: dussfan post# 125

Wednesday, 04/24/2013 2:15:44 PM

Wednesday, April 24, 2013 2:15:44 PM

Post# of 278
DUSSFAN..I have to admit that you did quite a bit of research BUT, I think there's little more to be done. You cannot compare OIL SAND RESERVES with reserves in TEXAS. OIL sands are way porous and the recovery rates rates are relatively double. I am not worried about the cash in their hand....I am looking at their future potential and the way they laying the foundation for future...their present reserves are highly porous with high recovery rates. Presently they are doing seismic analysis and that report will the whole story. Based on available data, for reserves with that kind of data, the recovery rates are higher.

Also, couple of other things - they started hiring drilling team and that's not on news now (again this is part of the insiders game. This news will be out until the price is above the it's previous highs). Why do you think they are doing it? They are seriously concentrating on high returns and very careful and cautious about their leases. Look at the stock price behavior with the buy/sell volumes. Starting from last Thursday, there are some large outs and ins for no reason. The first "large out" started on Thursday for no reason (no bearish news) and then BEARS started attacking. BEARS are successful driving it down to $4.50 and then they are silent insider activity of buying huge chunks with no BULLISH news. Carefully observe all this events....IT'S BACK ON TRACK