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RUBY1100

06/27/07 9:38 AM

#100557 RE: amj23 #100556

why are we at $0.295 vs. $.80 pre DoJ Raid

we are down 70%

its not just the long time frame anymore

- because fundamentally our assets/cash/partners/drilling have never been stronger

This is a management issue - This is a Preception issue

This record alone is enough for the BoD to make some changes