Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
A week and a half left in July and no surprise PR or HUGE news...
I agree!I feel like land leases are much easier to work with vs. offshore... I hope we get into more land leases... Too many opportunities for things to go wrong offshore. JMHO
Agreed. Dbar and the other South Texas property will help in financing VM179 and then we're off. I just hope it doesn't take a year to get VM179 pumping...
10.3% of 400 = 41.2*90*300= $1.1million/yr which is definitly better...
So we're looking at 16-25 bopd that is WGAS' share of Mustang Island. (Conservative estimate here... 16.3bopd @ $90 over 300(making this up) pumping days per year = $440K/yr) Not a windfall but a step in the right direction... The overriding 2% is negligable... I'd like to think Mustang is bigger than this but we'll see as she comes online.
I think I'll buy at .001... Speculative buy...
You're expecting a 900% return by tomorrow?
What is the expected overall bopd from Mustang? I don't recall seeing that. We'll own 10% of that amount...
Pull back today or tomorrow? Maybe it keeps running but I expect some profit taking... but when?
How so?
$1.00pps by December??? Or higher?
Are they drilling? DO we know they are improving anything? I have not seen any evidence to indicate anything is improving here. We never did get a bopd flow rate from any of their wells. Isn't like like 3-4 producing wells from the Rehoboth leases? Doesn't really matter how much they output if it doesn't exceed their burn rate... Even if they did pump some oil last quarter they still spent something like $400K in "expenses" which far exceeded any income.
Waiting for war is not good business plan. It may be an eventuality we can prepare for but may never happen. Ethically, I can't hope for war to make a profit but if it happens , so be it.
Of coarse they do but nothing is official. Surf can't say for sure.
Improved by how much? What was it before improvements? They never gave a BOPD on Rehoboth.
Hope so!
#11 no doubt...
This week or next year? What does Rambo say?
When? I'm not holding my breath!
I'd be happy with $.01! $.10 would be insane! (not possible though, keep dreaming)
Still waiting for news... Huge buys and pps bump could signal PR coming., watch for it! (or not)
Great for me! I hope so I plan on picking up a lot more but not here. I'll wait until it goes below .oo4 or .003...
i love sarcasm....
Whatever happened to our HUGE July?
Let's go... $.01 by end of July....(wishful thinking, I know...)
Agreed...
Thanks for your thoughts gentlemen!
XYZ and GG... My only concern is how to pay for all the deals and well reworks w/o dilution. Thoughts?
Bigfish, keep an eye on this... you might see some .003's or .002's before she runs...
Not following you. The updates you are speaking of are not required by law or SEC regulations... Where'd you get that from anyways? I'm thankful for any info I can learn from you guys here as well as my own DD but let's keep it intellectually honest. WGAS and/or Silvermere have been pretty good about updates. They are just as anxious to pump oil as we are. Hang tight my friend. This will run IMO, buy up some cheapies while we're down here. GLTA
One of the most transparent penny or sub-penny stocks out there...
is it realistic to suggest that a fully developed D Bar could produce 1500-2000 BOPD?
I hear you! That's true for all of the companies in question... Gihi, gyst, aern and any new shells being bought. We'll see what happens... If this gets up to .01 I'm gone! Anything over .003 and I break even... May split then as well...
Who knows...
Equal shares in 3 separate companies that pump oil , mine gold, own land and produce IT...? Maybe...
Nothing... It's 50/50 if you ask me. How bad can AERN get? The way I figure it I've already lost my investment in AERN anyways...
Yes, he's alluded to things and after some digging I see that there are possibilities where the companies can be conencted. I've been very critical of Surf and AERN in the past and what has it gotten me? What I've posted is what I've dug up. I can't get any answers from anyone on this stuff, not even Surf. We'll see what happens but I plan on profiting where I can. I don't know how things are connected but he did say spinoff possible and I'm seeing how it can be possible. We won't know until it happens though...IF it happens.
They're all connected somehow ... GIHI(via Theresa) > AERN (via Theresa"GWG"via Avenill Ventures) > GYST(owners also own Avenill)Something's going to happen soon. Q2 reports should reveal any property/lease transactions unless they waited until Q3 to do so. i think they are wise not to put Stan's fingerprints on any of this stuff. The companies' officers know he's toxic. He's orchestrating behind the scenes I bet, like the Wizard of Oz/.
Oh please, I was just busting your chops! :)
Before you guys continue complaining about transparency, can you click on the yellow banner at the top of the board that says July 9 updates please... Posted by Goose