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Re: stockobserver post# 1105

Friday, 01/06/2006 9:13:30 PM

Friday, January 06, 2006 9:13:30 PM

Post# of 42604
Interesting after hours release by the company on Bolivia prospects. Hopefully where there is smoke thre is fire and one or both of the projects will be fulfilled. As to the political change in Bolivia, I don't believe anyone can realistically guess how the government change will impact the company and its prospects. The wild card is if the Shaw Group is scared off by the political uncertainty. The new guy doesn't sound as crazy as I once thought. How novel to let a country contol its own resources from foreign ownership. Sarcasm guys. This seems to leave the door open for foreign investment in developing the oil and gas and metals potential of the country. The risk reward here for the company and investors buying in here at a fraction of a penny seems enormous. I may buy more here if I can convince myself that the reverse split will not cause the usual post split price decline. Hmmm.