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Re: 56Chevy post# 360

Thursday, 08/25/2016 11:22:24 AM

Thursday, August 25, 2016 11:22:24 AM

Post# of 4301
BDCO must now be considered a distressed investment.

Although book value at 6/30/16 was $2.56, the real question would be the market value of the refinery?

Drilling activity has really slowed down in the Eagle Ford. The old Permian Basin is hot.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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