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The email I got says there should be news from Tennessee by the end of this week.
I don't think it is a matter of if they hit oil or not but how much they hit, and what drilling to the basement has told them about the geology of this area and where the next well goes. But again this is only my thought on the matter.
Strap yourselves in and get ready to blast off! $1, $2, $3 here we come!
