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lovindollars

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lovindollars

Re: brunomars12 post# 8187

Tuesday, 09/27/2016 1:33:26 PM

Tuesday, September 27, 2016 1:33:26 PM

Post# of 9271
Well, unless I misunderstand the business model here, I was under the impression that falling oil prices will make it easier for EGYH to find and make a deal to purchase an existing oil producing property that might be facing BK due to the slumping oil prices. In short, low oil prices are good for us. It provides a lower entry point and opportunity for a higher margin. Did miss something?
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