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Re: poco_trabajo_mucho_dinero post# 408

Tuesday, 09/09/2014 11:48:58 AM

Tuesday, September 09, 2014 11:48:58 AM

Post# of 436
EOR sold off their production and only asset worth owning (Crossroads). They only produce 68 BOPD from a marginal field that has been a huge disappointment for many years. There is no more "EBITDA" and no more "record revenues" for this company. It's a real scam...look what happened to the last $30mm from when they sold St Johns. Shareholders were never told where that money went but it's gone now and production actually declined to 68 BOPD. Not sure how anybody can manage a profit in this stock with it all time lows especially with all of those shares admittedly bought between .20 and .30.

Nobody will ever be able to get out regardless. EOR is going sub penny soon enough.

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