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Message: Re: GFP update
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Aug 14, 2008 07:25AM
1
Oct 26, 2008 08:20AM

The crude's price is so low (under $40, today,) that GFP and its main JV Partner both trade around .02. What a disappointment! Remains to be seen if both can survive this depressive sequence. For Gale Force, this .02 represent a price well under .005 prior to the reverse split.

Watching only, for now. No use selling, as, at this price, for most, there is only 5 to 10% to salvage. Wait and see. Accumulate? No, imo, as the project is in USA while partners use Canadian and Australian money, both much lower than at signature time.

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