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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area
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From: LoneClone3/6/2006 10:59:25 PM
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Thought you guys might be interested in this post about DJE

It's from the Stockhouse board, and was posted in response a guy who went to Tinsley to try to find the well site. It's by fromthestates, who is a little arrogant but usually on the mark.

"The fact that Pickens has also chosen to invest in Denbury directly should tell Dejour investors a very important story. Since the Pickens family is one of the major participants in Tinsley along with Dejour (nearly a 30% interest), Denbury (only a 15% interest in well No. 1), the Hunts, and the Rudmans, he probably has some very strong feelings about this prospect. Since Merit Partners No. 1 has been designated a tight hole, and Hodgkinson has declared that Dejour is a full scale player in new drillings and additional land purchases at Tinsley, those who doubt that Merit Partners No. 1 is anything other than a huge success will most likely be proven wrong in short order. Moreover, we now have Bob allowing the purchase of a few additional units within $.06 of the stock's all time closing high price, coupled with a warrant trigger price of $2.50 for only seven consecutive trading days (warrants exercisable at $1.65), and the pieces to this puzzle seem to lead in a undeniable direction. A careful inspection of the stock's chart, the recent backing and filling, and little stock being shown for sale -- these facts all point to a substantial upward move in the very near term -- i.e. probably in only a few days. There is much more here than currently meets the eye. This investment definitely has the sweet smell of very high profitability. "
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