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Tulsan

09/25/08 9:48 AM

#18575 RE: nuggetman #18574


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Tulsan

09/25/08 9:48 AM

#18576 RE: nuggetman #18574

Let's say Larry and Rex are drilling a well now. I would only hope and expect a daily drilling report if I was a JV or a investor in that well. Doesn't Larry, Rex give daily drilling reports when drilling a well? These wells are shallow so it would only take a few days to get it drilled, but I would expect a daily drilling report to see what was going on.

No, the financials don't give the whole picture in my opinion! What were all of the wells producing each month over the last 2 years. Perhaps, a spreadsheet would be nice, you think?

What percent of the new wells this year does ALRY own? Is Larry and Rex giving the MR holder 3/16 or 4/16 free ride? What kind of bonuses per acre are they giving out?


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back2basics

09/25/08 11:55 AM

#18582 RE: nuggetman #18574

"Larry is what he is." OK. But one thing he is not is a man suited to run a public company.

You can disagree that No News Is Bad News because you are in a position to know what the hell is going on. You are one of 598 shareholders. The VAST majority of the other don't KNOW anything!

Nuggetman, I belive that you are what you say you are. However, it is a common practice for operators of Pinks to have shills post the Party Line on Message Boards. Shareholders should not be placed in the position of getting practically all of their information from anonymous posters.

IMO Pink Sheet stocks are corrupting due to the total lack of regulatory controls. When the SEC allows a company to trade publicly without controls, they have issued the company a licence to steal.

Again IMO, a person with the best of intentions can start a Pink Sheet company and become corrupted by the "opportunities" presented by the farce of Pinks. Printing stock is only one of the "opportunities". Believe me, the skum that run many Pinks can come up with ways to screw shareholders that the ordinary person would never dream of.