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deadEven

06/30/05 2:20 PM

#1877 RE: solfnod #1870

Would you like to tell me who you talked to because I believe you are lying. Why did you wait until last night to post it if you got the "good news" yesterday? There is NO BASIS for making anything but a wild ass guess as to what the wells will pump and what the quality of the oil will be except that it is being pumped out of a known hydrogen sulfide field. 100 to 300 - hmmmm pretty big spread there LMAO. Our petroleum geologist says more likely about $50K to $60K in revenue (not profit) at the most. Throw in production costs, management and engineering costs, transportation, taxes, etc. and remember this crude will not get top dollar on the market. Now, tell me how much is left over to continue development. I'll tell ya - about NONE.

You guys crack me up. Going to a dollar soon so buy up. Smart ones are running away with their profits.