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EarnestDD

09/03/10 5:17 PM

#17545 RE: Howardhaftel #17543

Sorry ... WRONG. $50 Million is a MASSIVE amount of money for a small company (a junior oil company) like EEGC to spend and NOT drill a well.

EEGC does not have the budget of a Shell or Exxon.

BAD CASH MANAGEMENT has been pervasive with EEGC.
jmo