You might remember that I originally bought Dejour as a uranium play. I sold it and roared back in when they bought the land in the Piceance and Uinta Basins. Never looked back and kept adding.
I like you past observation that Dejour is an early stage UPL. Why not? Steve Gose sold land to both of these companies. That is a common thread that cannot be ignored by any serious investor.
Related article: Resource Potential of Brownstone Piceance/Uinta Properties Pegged at 5.3 TCF Natural Gas and 2 Billion Barrels of Oil Monday November 27, 2006 8:00 am ET
Reference to one of the partners: Retamco wants to collect on the approximately $36 million judgment it was awarded in February for claims of breach of contract and fraud, conspiracy to damage Retamco, and other acts by the Carone Group and its alleged co-conspirators. http://www.pacbiztimes.com/index.cfm?go2=articles/wk_090806b