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Re: jockinmikeg post# 265

Wednesday, 05/27/2015 4:31:07 PM

Wednesday, May 27, 2015 4:31:07 PM

Post# of 304
Don't really see too many of these penny plays that are debt free with good revenue that's being reinvested for growth. The whole O&G sector will rebound at some point, thinking this is longer term play but willing to wait. Probably the main goal for this company is to prove up the reserves on the acreage they have and sell it to a an O&G major when things heat up, or sooner when the majors realize that Argentina is paying more than everywhere else. Hopefully there isn't a need to dilute in the near term 6-12 months.
GL Jockinmikeg