Azabache Energy Inc V.AZA

RE:RE:This is the week of the resource report!!!!!

[Cabrio1]

Then I'd say the petroleum engineers at AZA and the EIA are incompetent, and management have been wishful thinking, and I have been a sucker to believe the presentations and press releases.

I'd say Supra was right, and Cabrio was wrong.  

However, I remain confident.  What I don't know is how the market will react to the resource report.  I also expect we will get a new presentation with the report.  In order for AZA to zoom, we need to convince the big stock houses and the mutual funds.

Remember, management are responsible for the accuracy of theiir press releases and their presentations that estimate 179 million barrels (Recoverable).

Recoverable oil in Argentina is worth a low of $1 per barrel, and a high of $20 per barrel.  179 million barrels with 175 millions shares outstanding, at $1 per barrel is $1 per share.

At $5 per barrel (after we prove production) is $5 per share.  WIshful thinking I know, but I also believe we are easily woth $1 per share, and would be happy with $2 or $3 per share.