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madgreek

02/22/08 12:04 AM

#4170 RE: Pescadero #4167

Arch,

Thanks for the opinion and insight. I have a hard time trying to figure out the valuations on this stock. I think that .10 on those numbers would be fare and a good start to start making money. If they have no capital to produce anything and can achieve that it is a positive sign. Personally those seem like small numbers and would hope for more or a position to achieve more. I do not think it is fair to limit them as one would say with out capital for 1 year. If they move I hope to have the capital to capitalize. The times are tough and one has to think about his options. You have been right until this point and one has to respect that. Maybe this is the time to capture some sort of capital invested. Again with my thanks.

The Greek