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Tuesday, September 30, 2008

HTOG.ob Gains in Pre-Market Trading,

I've been following Heartland Oil and Gas Corp. (HTOG.ob) since late July. The stock has since retraced and bounced back a few times only to go lower over the past month or so.

Shares are up nearly 8% on volume exceeding 2 million and the company announced news today that it has recently completed a $4M pipeline and well expansion. The news appears to be well-received pre-market and could potentially be followed by some production numbers in the near future. Just my guess.

Either way, I'm looking for HTOG.ob to break through the $.0045 level shortly after the market opens and potentially break through $.005 if pre-market momentum holds up. If we don't see a run here soon or some updated production numbers, I'll be focusing my attention elsewhere in the coming days and weeks. But, for now I'll have my eye of the stock.

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