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Talc Moan

07/29/13 8:54 PM

#15109 RE: Papa Bear #15107

Hi, Papa Bear

While you were gone i read the most recent (July 15th) 10k a few times.

A few things for you since you were gone that i found.

1.) Recent dilution should be finishd after today. I must have miscalculated by a few shares but clearly none left now until Nov!

2.) this is what I find is huge. It clearly leads me to believe we're about to announce our own wells or very close to it. GRPR is grossly undervalued.

This is under Garcia #3 beginning of 10k

Due to our minority interest in the Garcia#3 well, we are reviewing operational alternatives to resolve our inability to control the development of this well and the field in general for any future drilling activities. The Company continues to evaluate leases available in the same area as the Premont Field, which may be available for the Company to lease directly from the mineral rights owners.




Smitter SMTT