InvestorsHub Logo
Followers 5
Posts 1062
Boards Moderated 1
Alias Born 01/21/2006

Re: xlr8r2003 post# 1294

Monday, 08/21/2006 11:26:08 AM

Monday, August 21, 2006 11:26:08 AM

Post# of 13422
THE reason for the price stagnation on amep has mainly been the lack of prs and some problems in getting scares equipment and limited and expensive water supplies to use in drilling.....Prs will remain scarce until actual production figures are known...I was hoping they would just release periodic prs on how deep they had drilled etc but that is not the case and impatient shareholders have understandably bailed and bad mouthed the stock ....I have been ticked at the lack of Prs probably more than most....HOWEVER, that being said, no news is good news in this instance as far as being very close to finishing 4 wells... as i posted several times before this is a high risk stock play and not for most people and only for that money anyone will gamble with and i have been wrong before on high risk plays. I am waiting on several announements of successful ng AND oil well completions...As has been noted before there is an extremely high rate of success in the Barnett-Shale area.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.