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opportunist

11/22/06 9:18 PM

#11431 RE: Trueheart #11430

"The industrialization of the natural
gas will begin in the plateau with a plant that
would settle in Ayo Ayo to produce 200 barrels per day
(BPD) of synthetic diesel engine"


For 250,000,000 dollars? That is a boondoggle. In the oil industry that is a joke.

200 barrels of oil at $60 per barrel per day= $12,000 per day.

Synthetic?

First Share dilution and now synthetic oil?

This company is losing focus. In light of all the events that have transpired in the last three months, I will now consider exiting my position. Without forward progress in Cerro Rico this stock is dead money.

It is my opinion that the share dilution and the heavy selling is a sign management is also heading for the exits. I have seen this happen so many times.