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I keep hearing some tremendous things about XCL (AMEX, 5/16) I hear of lube oil distribution rights throughout China, huge oil reserve offshore in China, and natural gas reserve rights throughout China. They've spent the last 6 months shedding assets to focus on the above wildly profitable strategies. Keep hearing $2-3/share price THIS year, drilling platform being built right now, and drilling to start late spring/early summer (June). Anyone else have any thoughts? | ||||||||||||||
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