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premier1one

02/03/11 1:31 PM

#2711 RE: styl #2707

Point well taken. I'll consider the .50 that was paid not too long ago...although I believe this stock is WAY undervalued. There was a news article from not too long ago talking about awarding contracts to companies who are following thru with their contracts.....we are one of the few. Also....an LNG facility IS being built in the region...a plus in that it was mentioned in a previous PR from FECOF said is warranted BECAUSE of the huge amounts of gas in the ground.

I really dont see them leaving us High and dry.

When i look at the chart, i see the RSI move up so fast with so little shares traded that it appears that there are not that many shares in the float at this point......Is Philex buying them on the open market? Do insiders hold a considerable chunk? I expect to be handsomely rewarded for all our work here and everyone here, I'm sure, expects the same
Bruce

GreenTea

02/03/11 1:37 PM

#2713 RE: styl #2707

Disagree on that point. Buying shares at .50/share was shareholder friendly considering they didn't have to.

GLTA!