10-Bagger MINIMUM Rise from July 1, 2005 until December 31, Message Board

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

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To: Fiscally Conservative who wrote (1113)	1/14/2006 11:18:44 PM
From: Harold S.	Read Replies (1) of 1694

Here is the way look at it. I have 100K shares at a cost basis of .034...So what do I have $3,400 at risk in an absolute worst case scenario. If they come through with the current two wells on line and secure the third well AND come through with ONE good European agreement this stock is .75 with NO problems. So the way I look at it is I have $3400 at risk to cash in on 75K if they follow through with their plans. That is my idea of a good risk reward ratio. And, by the way, as I have said before, look at FXEN at $5, down from 12+ on two dry wells, and get an idea of where EFCR could go with some successful negotiations and drilling follow through. Obviously, none of this happening tomorrow, but with this particular $3400 I can wait. )

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