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Message: Hokie dina did you see

Re: Hokie dina did you see - Crown

posted on Jun 11, 2008 11:44AM

Crown, you confuse me. You said you did lots of geologic reseach on the Morgan Highpoint property, yet want to hear from a geologist. You do understand how poor your research sounds?

Considering my post from last night, I'm sure you now understand why Morgan Highpoint wells are worthy of the Elephant title. Both the Rome and Copper Ridge formations.

Why else would Billy C and the gang want to paper themselves so much? And with such timing. Hit a formation, issues shares or options. Hit another formation, at it they go again. What an orgy of papering?

Nothing north of the boarder has come close hitting anything significant.

You'll see how good the JB wells are when the NR comes out. How else can they justify drilling those 23 wells, spending $30-$40 million. They won't need to raise more money. If they did, there'd be a sense of urgency to get cashflow coming in from wells JB#1,2,3,4&5.

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