Replies to post #88733 on Value Microcaps Motherboard

[2morrowsGains]

TXCO...Good info Bobwins!! Thanks!...Purpose of Transaction...

"The Reporting Persons acquired the Common Stock beneficially owned by them because they believe the Common Stock represents an attractive investment opportunity based on the Company's business prospects. In particular, the Reporting Persons believe that the potential value in the Company's existing development projects has not been adequately recognized in the market price of the Common Stock...."

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000899140%2D07%2D001874%2Etxt&FilePath=%5C2007%5C11%5C28%5C&CoName=TXCO+RESOURCES+INC&FormType=SC+13D&RcvdDate=11%2F28%2F2007&pdf=

[riskanalyst]

TXCO - Positive to see Third Point in there. A while back I invested in LGND where Third Point was a holder and it almost gave me a double, but than the company didn't execute and the stock came back down. I got out with about a 60% gain, but the stock is now below my purchase price and below Third Points entry price. Doesn't mean having Third Point is bad, but the company still needs to execute.