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Re: StocksNcash post# 932

Thursday, 07/26/2018 10:12:53 AM

Thursday, July 26, 2018 10:12:53 AM

Post# of 3740
I am waiting for cash which comes in August. Hope price doesn't run up to fast.
But this is a explortion co so it could take a while even once thye spud some wells.
Then need to see what actual production from these will be. They talk about the other co in the Red Cave but it doesn't sound like their production is high. Alos the HBP they are buying at 4127 per acre idicates that production is low. Long term when oil gets aback above $80 things will look better jmo