Battalion Oil Corp (BATL): You're right! But things were different...

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Re: JJL post# 3535

Monday, 01/19/2015 11:57:32 AM

Monday, January 19, 2015 11:57:32 AM

You're right! But things were different then. RAM was looking for a buyout/cash infusion from sales of property. RAM just happened to have some good land in some of the main areas primed for horizontal drilling technology. Floyd took a look at us and many others and the rest is history.

Now...there is uncertainty in the future of oil price stability. There are larger producers over seas that can weather this storm better and longer. HK has tons of debt...tons! And there are better investment options that are ALSO paying dividends. All this and two board members quitting last week, and, well---I'll be watching...just not buying.

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