Thursday, August 10, 2006 10:00:30 PM
"Overall it was a very positive conversation and I feel much better now about Lancaster and what he is doing here. The delays are explained in a stratgeic point of view and I understand now. Like everyone says a company cannot be built over night and after wells 3-4 are slotted this .02 cent stock will have over 3M in revenues. When the other six wells at Grimes are completed (probably within 6 months), BIGN will have another 5.4Min revenues to add to the 3M if they produce at 1000mcfd. 8.4M in revenues and we sit at .02 cents ?? Ridiculous consideration the market has given this little stock."
TGC an AMEX listed security has 7M in revenues and commands a 70M market cap. http://finance.yahoo.com/q/ks?s=TGC
It just goes to show you how UNDERVALUED we are right now. With 3M in revenues after wells 3-4 are done we should command minimum 30M market cap. That's .10 cents per share.
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