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To: Aerofagia72 who wrote (80377)	5/19/2011 9:45:10 AM
From: Micawber	Read Replies (1) of 112280

Lack of promo as stated by another poster: They will try to cure with some dog & pony shows, once they get the annual report which they are late with. Also, it´s a Wade Cherwayko stock and to top it off its in Nigeria, so understand lots of people wont touch this with a ten foot pole. Back in mid Oct to mid Nov last year, there were a lot of 10 foot poles poking at this stock. It went from $0.33 to $0.69 in less than 30 days! Was that in anticipation/leak of the UMU-6 drilling update? To my knowledge, there were no roadshows going on back then, nor were there any more analysts covering the company than there is today (1!). The big question is, why did the stock move over 100% back then, and now it sells off following the UMU-7 update and the very good reserves and year end financials? This is a much stronger company now. File this under WTF. Something really smells here.