TX Rail Products Inc (TXRP)

[Kaad_g]

Here is something I wrote up on another board; and why I think this is going to be big.

With so much emphasis (at least by me) on getting off the Pinks, I think some of the information presented by the company lately has been lost on some people. Here are some very important points in a the July 11 pr.

"...Twenty-eight of the wells are either currently producing or are producible,..."

So to answer an earlier question, they are producing oil now.

"...Combined with the previously announced leases, this is estimated to increase the Company's initial production to approximately 320 to 400 barrels per day. The Company believes the work can be completed by late summer or early fall...."

Just take the minimum of 320 barrels and that's about $8 million a year in revenue, and that should be ramping up anytime now.

"...Fully developed after 2 years, the C/A 1 leases are projected to produce 2,966 BOPD."

That's about 1 million barrels a year or about $75 million a year in revenue, and that just the C/A 1 leases! If you add in the other leases they have and any future leases I'm sure they'll obtain, how much oil will they produce? How much revenue will they generate?

To put this into perspective, ARD which just got listed on the NYSE last week and goes for $37 a share, produced 508,000 barrels last year.

The only reason TXHG is at it's current price is because it's on the Pinks. When they are off the Pinks this price will be long gone.

Kaad_g