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To: zebra4o1 who wrote (118676)3/6/2009 1:16:34 PM
From: CommanderCricket4 Recommendations  Read Replies (2) | Respond to of 206085
 
BPZ is getting slaughtered buy haven't figured out why other then fear in the market.

They've got money for exploration this year and are profitable at current prices.

Proved reserves at Corvina give them over a $5 NAV. Guess the rest is unwanted baggage...

Weird market

CC



To: zebra4o1 who wrote (118676)3/6/2009 1:18:19 PM
From: Sailing2  Respond to of 206085
 
Thanks Kayaker and Zebra4. I guess the market is worried they will indeed follow Oilexco, et. al. into BK. Just amazing to watch the destruction of once strong and profitable companies like TXCO, ALY, etc.