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tricoast1

10/10/07 10:03 AM

#4326 RE: Milen #4324

Milen...what amazes me is
there are 16 wells producing similiar numbers on this project.

If you take these 16 wells and multiply it by millions of dollars a year....you get an incredible number and we continue to trade at .20's.

Something just does not add up.....we should be in the $1.50 range.
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jjgarcia

10/10/07 10:08 AM

#4327 RE: Milen #4324

Milen....Thanks for the info. I am going to keep it for further use.

My thoughts on this is that FINALLY we are being given some information that we can use. The fact that Mr Fox is giving out production numbers will give potential investors something to go on. I can't for the life of me understand why he hasen't done this before, other than the fact that maybe production numbers were very low.

They stated in the pr that they can now concentrate on the other projects. Another plus for the investors.

With Weesatche alone at 10m per year and selling working interest at 6m per quarter that gives us at least 34m revenue for 2008. Does that seem logical to anyone? Add in other production and we could be at 40m.

And with a new ir firm, application to the AMEX.... off we go. IMO

garcia