News Focus
News Focus
icon url

Joeiniowa

03/24/05 5:56 PM

#1602 RE: roguedolphin #1600

Rogue - EGSR,

I am also a large holder in EGSR. Right now there is a big seller who is pretty much willing to take anything over .50/share. Its pretty obvious when you look at the pattern of positive news releases followed by big blocks bringing down the price. Eventually we will chew through those shares and if the good news continues we will start moving back up. There was a detailed research report written several months ago and it is posted on the EGSR IHUB #135. If you read about the type of field they are trying to develop in KY you understand that the wells are not high flow rate but they last 20+ years. So if they really can drill and hit several hundred wells the field becomes a cash cow over time. A lot of IFs but the potential return could be large over time.

Joe