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Re: matt51 post# 901

Wednesday, 06/20/2018 9:46:10 AM

Wednesday, June 20, 2018 9:46:10 AM

Post# of 3740
I like the idea that he brought in a successful well and they are looking at how to do the next one better.
Any income helps I would prefer to see them use the Marvin Davis system. Sell limited partnerships in t each well they drill. Yes they get less if it his but the need too sell discounted shares is omitted.
After they get several wells they may not need to sell parnersships. Davis was doing his LP's on various leases he could pick up.These guys own their's

I too was in Taipan so have a lot of shares but an equally big loss. I did add and doubled my shares but am out of cash and will be until August unless something else hapens.