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rickguy6

10/16/05 12:33 PM

#2489 RE: mnfats #2488

mnfats...I don't think the issue of share price is really my main issue. I think it can go up or down relative to many things. Right now it seems to move on pumping, speculation and PRs. My concern with the company is its viability for the long term common shareholder. What value will flow down to that level and maintain an increasing share price. I've been reading posts on RB by Mongo who poses the theory that AMEP appears to be set up so that most of the cash will never make it to the shareholder level unless they hit a mother lode. I don't think one can fully declare that without knowing ALL of the wording of the agreements with all of the players. I am suspect, but not 100% certain. Also, I am suspicious that someone like Bitters could just move in and make a killing in an area (Barnett Shale) that's been NO BIG SECRET forever. Just how many Texas oilmen do you suppose have never heard of the Barnett area? And, how many HAVE actually worked it? Probably thousands. What makes Chuck's attempt unique? Nothing that I can see. Now, that's just my opinion.
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Jagman

10/16/05 1:06 PM

#2495 RE: mnfats #2488

mnfats, I think the pps will go up when there is a PR about drilling starting. I agree this is a great momo play, I just don't think it's a long term hold, too many red flags. That bogus PR about a buy out should give you an idea about the players involved here. Has the SEC announced an investigation of the bogus PR yet??? If it had been about a Nas or NYSE stock, it would have made the national news. The SEC can't regulate the big boys properly let alone the OTC....it's the Wild, Wild West!!