FXPE...dcb?

[AJLightning]

Dead Cat Bounce:?:



2138

[AJLightning]

The recently acquired leases are directly between these two units with huge proven reserves, and contain the Exxon B.St. Well and the BP Red Dog well. The local infrastructure associated with these fields such as roads, pipelines and processing units, should be relatively easy to tie into, if a future discovery is made. The leases are only around 5 miles from the Badami processing facilities, thus making it cost effective to tie in. The analog and offset well data indicates that the leases are very prospective.


“This entire area is hot. Historically there are reports supporting over half a billion barrels of oil and trillions of cubic feet of gas recoverable in and around the Point Thomson and Badami fields. This season our neighbours, Savant and Brookes Range, are conducting seismic surveys on a huge scale, and have identified real prospects for drilling in 2008. We have great respect for these companies and we are working with them to define our work program, and to jointly optimise the development of the entire area from Liberty, through Badami, all the way to Point Thomson, of course covering the Fox acreage in between.” states CEO, Richard Moore.

[Investrman]

FXPE is one of the exceptional small oil firms poised for great long term events in my opinion.

Contact the company and get its portfolio prospectus too; very nicely put together.

I have dealt to oil industry some years and this company will become the next Major and has itself solidly established to do so. What I do know about them likewise contradicts what has been going on with its stock price sadly. Many such decent small caps OTC stocks are being abused by excessive daytrader shortsellers trying to make easy $$ because many large caps on regulated mkts are doing poorly, but this is hurting these exceptional small cap stocks like fxpe in the process.

I heard word amongst all the other ongoing investigations the Feds are doing, the SEC is also looking into practices by some who excessively daytrade as I believe this is the main reason fxpe and other solid stocks are getting pressed so low and not able to grow on repeated legitimate investment by serious investors. Some talk out there seems to point to underhanded conspiring groups who run a stock up fast end of a day, then their "partners' short the hell out of it the next day on that volume and they are divying profits- but this is only speculation at this time and I am sure the SEC is looking into many things to restore integrity in the overall markets today.

[microhedge]

Apparently dead cats don't bounce too well... actually I knew that from first hand experience, but that's another story:wink: