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Microcap & Penny Stocks : 10-Bagger MINIMUM Rise from July 1, 2005 until December 31,

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From: Crossy7/6/2005 8:48:17 AM
   of 1694
 
re: Energulf ENG.V C$1.15

Soros,
I have a stock good for a 10 bagger or better. It's damned volatile and this performance is certainly not guaranteed. The thing is damned risky, it's an upstream exploration company with partnerships, a huge seismic library and a couple of pending deals all regarding Africa.

I'm not going to lie, I would NEVER put 25% of my stock portfolio in any stock... I advocate diversification. I have an ordinary size position in this one but I have usually 15-20 stocks in my account..

The company is ENERGULF.... a texas oil (HQ in Houston) firm active in Africa. right now doing a financing. Fully diluted marketcap is below $15m USD, even after the currently contemplated financing.. Ticker is ENG.V. Yesterday's close in Canada was C$1.15

Partnerships in Tanzania and Namibia for offshore acreages already formed. More to come. As soon as a bellwether oil firm joins any of their projects, this one will zoom ahead. 10 bagter is possible. If succesfully developed, more than that.. The downside is that the investment could be gone entirely. Certainly not a core holding for any portfolio but an energy related mix would certainly enjoy holding some ENG.V

www.energulf.com

Management is top notch..
Jeff Greenblum .. made a billion resource company years ago
Bill St. John .. World Bank Energy Advisor
James Edwards .. one of the greatest oil finders in the world (formerly of Triton Oil fame where he unlokced their prolific African oilfields)

best rgrds
CROSSY
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