To: balaw who wrote (570 ) 2/13/2006 4:55:37 PM From: Harold S. Read Replies (1) | Respond to There is a difference between the guy who has a cost average of 10 cents and a guy who has a cost average of .034, like I do. I am not worried about my investment. I have done my DD and if Kaiser had done his he would know there is a difference between estimating reserves ahead of time, which efcr did on the ten mile project a LONG time ago, and actually gettiing real output numbers from working wells, which is what they are in the process of doing now!! It is great to post a press release showing that one expected out put numbers by the end of January becaus ethat's what the company said they "expected" to do. But that was just that, their expectations. It has been stated that they ran into severe weather, which by the way was verified, and thus we have delays. To rant and rave about delays and output numbers that should be here but aren't due to unforseen circumstances is just ridiculous. It is wonderful to stay on top of a stock and try to jump in after the big news finally hits, if it does, but I know enough about this companies business plan to buy now and buy more, by the way, if we go under 3 cents tomorrow!! Outstanding shares are less of an issue with a company currently ramping up revenue for really the first time with expectations of 10 wells on line by end of 2006. OK OK if they don't get it done until March of 2007 I am not losing any sleep over it. If people have moneyhere that they are losing sleep over then I agree, sell it is too risky. But for the money I have involved and the potential payoff I believe is possible, thsi is the place I want to be. I am not fretting over every day's price fluctuation or trying to read too deeply into press releases. I am especially not holding their feet to the fire for being late in the dead of winter with the severity they have been experiencing out there.
