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Re: mrmustard post# 264

Wednesday, 10/29/2014 10:05:38 AM

Wednesday, October 29, 2014 10:05:38 AM

Post# of 928
VOIL is a new, start-up company. None of these companies ever pay dividends. They also are looking for oil in places where they can find it by without fracking. Oil produced the "Old fashioned way" can be produced for $20 to $30 a barrel. Fracking oil costs about $70 to $80 a barell to produce. No profit in that with the current price of oil around $80 the last time I looked.

It appears that some people don't understand what a start-up company is as opposed to an old line oil company like EXXON, which has been around for years and pays dividends. You're not going to make a lot of profit from dividends anywhere today, without risk!

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