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Author Topic: CSJJ Expanding into the Oil Business
Jdaniel9
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Huge Breakout. Oil will Drive this Stock. Lots of MOney to be made here. [Big Grin] [LIST]

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Chadsly
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Maybe I'm just crazy, but I don't even understand the question. How could 3 people have already voted?

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If you don't sweat the pennies, you're not making any money.

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Jdaniel9
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Sorry my 1st time to create a message board here. Looking for some insight as to what people think this stock will do. And if by CSJJ Moving into the Oil Industry is a Positive and What everyone thinks about the Finacials getting ready to be posted next week.
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Jdaniel9
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Well nest week is the week we are all waiting for. I truly hope the release of the Finacial Audit is strong and moves this stock upwards for days. Has anyone spoke to the CEO about what the Audit may detail.
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Jdaniel9
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Well the week of truth is here. Will our famous CEO make us all alot of money this week or will he leave of holding a bunch Garbage Stock.
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Jdaniel9
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Anyone have the L2
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Jdaniel9
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Well get ready CSJJ should start to make a run today prior to the release of tomorrow Finicial Audit. By end of week could see .0025
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dalton05
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News for 'CSJJ' - (Coastal Holdings, Inc. Finalizes Purchase Agreement With BDT Energy Producers, Inc. to Acquire Interest in Development Oil
Well)


HOUSTON, TX, Oct 07, 2005 (MARKET WIRE via COMTEX) -- Coastal Holdings, Inc.
(OTC: CSJJ), today announced that further to the MOU signed on September 27, the Company has finalized a Purchase Agreement with BDT Energy Producers Inc.
(BDT)
to acquire a working interest in a development oil well. The Purchase Agreement will be signed by both parties following its clearance with their respective legal departments. As per the Purchase Agreement, Coastal Holdings will invest $475,000 in cash to fund the developmental drilling of an oil well that is wholly owned by BDT. In consideration for its investment, Coastal Holdings will receive a 75% working interest in the oil well.

The oil well, designated as NO. 2 HONEY, is located in Jasper County, Illinois. This well will be drilled into the Salem Limestone at a depth of 3350 feet and will be 3/8th of a mile southeast of a well which produced 650 barrels of oil per day (BOPD) from the Salem Limestone. This well, with the many producing zones nearby, is a very conservative drilling venture for oil and gas. It is located in the largest oil field in the State of Illinois and near the crest of the Clay City Anticline, which is the structure responsible for the oil accumulation in the field. With nearby wells producing for 30 years, the NO. 2 HONEY is an excellent opportunity for the production of oil. In addition, with the current price of oil near $60.00 per barrel, the economics of this well is exceptional. Moreover, due to the fact that in this immediate area exists a team of oil producers with over 45 years of experience and with one of the members being a Registered Petroleum Engineer, only enhances the opportunity for success by drilling this well at this location.

About BDT Energy Producers, Inc.

BDT Energy Producers, Inc. (BDT) is a subsidiary of Britton Oil Properties, a well-established 42-year old firm that owns 14 producing oil wells on 480 leased acres in Southern Illinois, approximately 125 miles east of St. Louis, Mo. and 75 miles northwest of Evansville, Indiana. These wells have a total production capacity of 15 BOPD and an accumulated reserve of 330,000 barrels of oil. Since 1976, Britton Oil has sold $3.5 million worth of oil from these wells. BDT has been formed solely for the purpose of developmental drilling of new oil wells and has selected 5 prime drilling locations from Britton Oil Properties that it is now in the process of funding.

For more information please contact CEO Andrea Cortellazzi at (514) 288-9699 or visit the Company website at www.coastalholdings.com.

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.


Contact:


Coastal Holdings, Inc.

CEO Andrea Cortellazzi

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eddy
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looks great
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will
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If he's true to his track record, expect a bunch of garbage stock.

quote:
Originally posted by Jdaniel9:
Well the week of truth is here. Will our famous CEO make us all alot of money this week or will he leave of holding a bunch Garbage Stock.



--------------------
A million seconds is 13 days.
A billion seconds is 31 years.

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STAR GAZER
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First got interested in the stock when the company announced that it had acquired a 50% interest in a one square kilometer area of land near Paris France that it planned on developing. Also in talks with acqiring or gettng a partial interest in Israel and Indian pharmaceutical and biotechnology companies. Plus now joining with a Russian refinery company that wants to buy land in Canada or USA in order to build a refinery. The United States congress just passed a bill which encourges companies to build refineries. And, to top that all off, the company is going into the oil energy business. Stock closed up 50% today at .0003 In July it was .0001 but not since then. However, it has dipped to .0002 at times. I don't think that we will hit .0001 again, but we might back down again to .0002 The bid/ask at this time is .0003/.0004 so it may take awhile, but I am putting in a Good Till Cancel order in to start Monday at a price of .0002.
Coastal Holdings, Inc. (CSJJ .0003 +.0001 = +50% 10/07/05) Details Growth Strategy and Announces Plans to Enter Oil and Gas Industry

HOUSTON, Aug. 30, 2005 (PRIMEZONE) -- Coastal Holdings, Inc. (Other OTC:CSJJ.PK - News) today detailed its growth strategy and corporate structure. Coastal Holdings, Inc. is a diversified holding company with two major divisions: Technology and Real Estate Development. The Company's mission is to create and enhance shareholder value via a growth-by-acquisition strategy.
Through its affiliate company, Coastal Holdings has completed the initial investment in a 1 square kilometer parcel of land (``the Property'') in Paris, France. With this investment, the Company has secured 50% ownership of the Property. The Company is planning to undertake a 5 to 10 year urban development project on the Property, which is located about 12 kilometers from the capital city of Paris.

Coastal Holdings has launched an aggressive Mergers and Acquisitions (M&A) initiative with respect to pharmaceutical and biotechnology firms based in Tel Aviv, Israel. As per last week's Press Release, the Company has appointed local scientific expert Philip Drachman as the firm's consultant and lead advisor with respect to this M&A initiative in Israel. The acquisition of these innovative and high-growth firms will add to Coastal Holdings' investment portfolio in Israel, which currently includes an equity interest in Vetdermal Systems Limited.

Coastal Holdings is in the final stages of negotiations to acquire an interest in an India-based pharmaceutical firm. The firm is publicly traded and is currently listed on The Stock Exchange, Mumbai (BSE). Full disclosure of this acquisition will be made within the next two weeks. Company Management is pleased to report that this acquisition process is progressing well ahead of schedule.

Coastal Holdings today also announced that it is planning to enter the oil and gas industry through acquisitions of profitable oil and gas firms and investments into productive oil and gas properties. CEO Andrea Cortellazzi stated, ``We are excited at the prospect of adding a major investment in the oil and gas industry to our portfolio. Needless to say, this is a sector that offers a potentially high rate of return and a steady revenue stream to investors for the foreseeable future.''

CEO Andrea Cortellazzi went on to state, ``We are confident that diversification into these high growth industries will help to ensure our long-term success and profitability. We will continue to expand our business through the growth-by-acquisition strategy.''

For more information please contact CEO Andrea Cortellazzi at (514) 288-9699 or visit the Company website at http://www.coastalholdings.com..

Coastal Holdings, Inc. In Joint Venture Negotiations with Vladimir Fuel Company Ltd.
Wednesday September 14, 9:14 am ET


HOUSTON, Sept. 14, 2005 (PRIMEZONE) -- Coastal Holdings, Inc. (Other OTC:CSJJ.PK - News) today announced that further to its press release issued on September 10, the company is in negotiations to form a joint venture with a Russian oil and gas firm, Vladimir Fuel Company Ltd. Coastal Holdings will lead the financing of the joint venture by sourcing investment capital from the equity market. The company will also play an active role in identifying a prime location for the development of an oil refinery along the eastern seaboard of Canada or the United States. Once established, the refining capacity of Vladimir Fuel Company will be significantly expanded, along with immediate access to distribution throughout North America. For its part, Coastal Holdings will hold a percentage working interest in the joint venture. Further details will be disclosed upon signing of the formal joint operating agreement.

Coastal Holdings, Inc. Finalizes Purchase Agreement With BDT Energy Producers, Inc. to Acquire Interest in Development Oil Well
Friday October 7, 3:03 pm ET


HOUSTON, TX--(MARKET WIRE)--Oct 7, 2005 -- Coastal Holdings, Inc. (Other OTC:CSJJ.PK - News), today announced that further to the MOU signed on September 27, the Company has finalized a Purchase Agreement with BDT Energy Producers Inc. (BDT) to acquire a working interest in a development oil well. The Purchase Agreement will be signed by both parties following its clearance with their respective legal departments. As per the Purchase Agreement, Coastal Holdings will invest $475,000 in cash to fund the developmental drilling of an oil well that is wholly owned by BDT. In consideration for its investment, Coastal Holdings will receive a 75% working interest in the oil well.
ADVERTISEMENT


The oil well, designated as NO. 2 HONEY, is located in Jasper County, Illinois. This well will be drilled into the Salem Limestone at a depth of 3350 feet and will be 3/8th of a mile southeast of a well which produced 650 barrels of oil per day (BOPD) from the Salem Limestone. This well, with the many producing zones nearby, is a very conservative drilling venture for oil and gas. It is located in the largest oil field in the State of Illinois and near the crest of the Clay City Anticline, which is the structure responsible for the oil accumulation in the field. With nearby wells producing for 30 years, the NO. 2 HONEY is an excellent opportunity for the production of oil. In addition, with the current price of oil near $60.00 per barrel, the economics of this well is exceptional. Moreover, due to the fact that in this immediate area exists a team of oil producers with over 45 years of experience and with one of the members being a Registered Petroleum Engineer, only enhances the opportunity for success by drilling this well at this location.

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eddy
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the most important part of the press- This well will be drilled into the Salem Limestone at a depth of 3350 feet and will be 3/8th of a mile southeast of a well which produced 650 barrels of oil per day (BOPD) from the Salem Limestone.

now if they were to hit oil, let's just say 1/6 as much oil per day as the 650 BOPD in the press, this could go into the pennies- say 100 BOPD at 60.00 per barrel would be 6,000 per day-and 75% would equal 4,500 per day to CSJJ-now if it was to be 500 BOPD that would mean so much money to this stock, no telling how high it might run-at .0004 it is worth my chance to maybe be one of the biggest sub's ever-jmo

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eddy
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any one else buying more tomorrow? thanks
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eddy
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anyone know how many feet they can drill per day in limestone? is not limestone soft rock? seems like I remembered around 100 foot per day can be drilled? maybe someone knows for sure -thanks-------from the press late friday------------------------------------------------------------------ ----the most important part of the press- This well will be drilled into the Salem Limestone at a depth of 3350 feet and will be 3/8th of a mile southeast of a well which produced 650 barrels of oil per day (BOPD) from the Salem Limestone.
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eddy
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I think this is the oil property- http://lite.businessesforsale.com/1293501/98093.html
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QuestSolver
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almost 4 billion outstanding shares but this may be a good flipper for a pink sheet stock as long as the momo allows you to sell.

GLTA

Q

--------------------
Quest

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eddy
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Glad they are getting into oil-oil is hot as long as the price stays up around 60.00
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Rasica
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From my reading they are not buying the old wells. CSJJ dished out $475,000.00 to drill a new well 3/8 of a mile from a well that produces 600+ BOPD. EOGI just spent over $675,000.00 to drill the Empress well on the Arcadia Project in Alberta. That well was just tested at 500 mcfd NG and will be on line shortly.

So in comparison, $475,000.00 does sound about right for the new well and I hope they hit it big. Though they are not going for NG which will be a short commodity this winter, Oil runs a close second.
http://www.emersonoilandgas.com/prospects/prospect_acadia.htm

GLTA [Smile]

[ October 09, 2005, 19:27: Message edited by: Rasica ]

--------------------
All IMHO. Do not rely upon anything I post to base your financial decisions upon.

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eddy
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Rasica thanks!!!!!!!!!!!
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matto
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some new info!!!!!! its time to buy!!!!!!!!!


Coastal Holdings Inc acquires working interest in development of oil well
10/10/2005

Oct 10, 2005 (M2 EQUITYBITES via COMTEX) --
Coastal Holdings Inc (OTC:CSJJ.PK), announced on Friday (7 October) that further to the MOU signed on 27 September 2005, it has finalised a purchase agreement with BDT Energy Producers Inc, an owner of oil producing wells, to acquire a working interest in a development oil well.

Under the agreement, which will be signed by both the companies, Coastal Holdings will invest USD0.475m in cash to fund the developmental drilling of an oil well that is wholly owned by BDT, and will receive a 75% working interest in the oil well.

Comments on this story may be sent to admin*m2.com

(C)2005 M2 COMMUNICATIONS LTD http://www.m2.com

--------------------
Trading is a blast!!

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eddy
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I love this one also because of this december 04 press-Press Release Source: Coastal Holdings, Inc.


Coastal Holdings, Inc. Assures Investors of No Reverse Split of Shares
Thursday December 9, 2004 9:00 am ET


HOUSTON, Dec. 9, 2004 (PRIMEZONE) -- Coastal Holdings, Inc. (Other OTC:CSJJ.PK - News), a leading edge global technology holding company, announced today that it has passed a resolution stating that it will not perform a reverse split of its issued and outstanding shares. In addition, the Company confirmed its intention to buyback and retire a significant number of shares in the coming year. These initiatives are in line with the Company's commitment to maximizing shareholder value. CEO Andrea Cortellazzi stated: ``We are taking these steps to maximize our share value and position the Company for future growth in the biotechnology industry.''
For more information please contact CEO Andrea Cortellazzi at (514) 288-9699 or visit the Company website at http://www.coastalholdings.com. Forward-Looking Statements

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matto
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up 33% may run today

--------------------
Trading is a blast!!

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eddy
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.0002x.0004-anyone getting filled at .0003?
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eddy
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anyone get filled today?
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dalton05
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News for 'CSJJ' - (Coastal Holdings, Inc. Provides Update on Purchase Agreement With BDT Energy Producers, Inc. to Acquire Interest in Development Oil Well)


HOUSTON, TX, Oct 12, 2005 (MARKET WIRE via COMTEX) -- Coastal Holdings, Inc.
(OTC: CSJJ), today announced that it anticipates to sign the Purchase Agreement with BDT Energy Producers Inc. (BDT) by the middle of next week. As per the Purchase Agreement, Coastal Holdings will invest $475,000 in cash to fund the developmental drilling of an oil well, designated as NO. 2 HONEY and located in Jasper County, Illinois, that is wholly owned by BDT. In consideration for its investment, Coastal Holdings will receive a 75% working interest in the oil well.

The financial terms and tax advantages of this investment are very favorable for Coastal Holdings. First of all, this investment can be completely written off by Coastal Holdings in the year of investment and save the Company approximately $200,000 in Federal Income tax. In addition, BDT will guarantee Coastal Holdings a selling price of $50 per barrel of oil for the first 3,600 barrels of oil produced by the well, once it is drilled and becomes a producing well. This guarantees a base price for the oil produced, and if the market price is higher then Coastal Holdings' return on investment will correspondingly rise and provide the Company with a quicker payback. Based on a current market price of $60 per barrel of oil and a minimum annual production of 5,210 barrels of oil, within one year Coastal Holdings will receive a total return of its investment in the well and generate a profit.

About NO. 2 HONEY Oil Well

This well will be drilled into the Salem Limestone at a depth of 3350 feet and will be 3/8th of a mile southeast of a well which produced 650 barrels of oil per day (BOPD) from the Salem Limestone. This well, with the many producing zones nearby, is a very conservative drilling venture for oil and gas. It is located in the largest oil field in the State of Illinois and near the crest of the Clay City Anticline, which is the structure responsible for the oil accumulation in the field. With nearby wells producing for 30 years, the NO. 2 HONEY is an excellent opportunity for the production of oil. In addition, with the current price of oil near $60.00 per barrel, the economics of this well is exceptional. Moreover, due to the fact that in this immediate area exists a team of oil producers with over 45 years of experience and with one of the members being a Registered Petroleum Engineer, only enhances the opportunity for success by drilling this well at this location.

About BDT Energy Producers, Inc.

BDT Energy Producers, Inc. (BDT) is a subsidiary of Britton Oil Properties, a well-established 42-year old firm that owns 14 producing oil wells on 480 leased acres in Southern Illinois, approximately 125 miles east of St. Louis, Mo. and 75 miles northwest of Evansville, Indiana. These wells have a total production capacity of 15 BOPD and an accumulated reserve of 330,000 barrels of oil. Since 1976, Britton Oil has sold $3.5 million worth of oil from these wells. BDT has been formed solely for the purpose of developmental drilling of new oil wells and has selected 5 prime drilling locations from Britton Oil Properties that it is now in the process of funding.

For more information please contact CEO Andrea Cortellazzi at (514) 288-9699 or visit the Company website at www.coastalholdings.com.

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johnny14511
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IM TRYING TO GET FILLED IN AT .0002

--------------------
gotta make a grand AT LEAST daily man

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JOELGA
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johnny, don't think that you will get filled at 2 but good luck. Let us know if you do
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dalton05
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hopefully this will climb a little.This is positive news.
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eddy
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looking great-G/L all
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eddy
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.0002x.0004-anyone getting filled at .0003? thanks
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eddy
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could the pr. be wrong?-5210 BOPD x 60.00=312,600.00-they are paying 475k for the right to drill. but the pr. says they will make money on the well the first year? thoughts?
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iwearpro
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The drill was more than likely financed over a long term and is going to be depreciated over over the next few years,the drill is a write off and with the stretch of payments.I can see where they will make money.

--------------------
Thanks,
Brian

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eddy
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thanks
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IWISHIHAD
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Is the oil deal still a go? I thought this one would start holding at .0004 if it was. Seems to be great buy at even .0004 if the deal is finalized.
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IWISHIHAD
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It appears every one is silent on this one. I guess they are either loading up or unloading.
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