Daybreak Oil and Gas Inc (DBRM)

[maverick one]

Many years ago this rose in pps with the company hiring a stock promoter. Majority of those people who were holding before that rise - sold off. With millions of dollars of debt erased and Westmoreland moving into a shallow play - plus with good news with deal between Russia and Saudi - over the next year - If Westmoreland needs capital next time around - in lieu of cutting shark tank deals with guys like he did with maximillian - there are other avenues to raise it, this next time around, without major dilution to shareholders- which includes himself.

20 wells - just northeast of Bakersfield - is actually a pretty darn decent oil production operation. JW- has done and continues to do a tremendous job of “doing more with less.” How many other small publicly traded oil companies like Daybreak - are still in operation and producing oil for this considerable time- that went thru what this company did with a former lender and still producing barrels. Then figure in the recent crash in prices - and Westmoreland is still producing in business - and has even branched back out into another state with a shallow play. Bakersfield is and has been the consistent benchmark for JW- to try and jump off into other plays with Bakersfield revs. I tip my hat to JW- too me - I don’t care if it’s .007 or .35 like many years ago- I expect eventually the PPS to rise here. How can it not? All things rise and fall- it’s biz. However - with maximillian out of the way - this always had the potential and I’m def still in.

I am a long term shareholder - any thoughts, speculations and or opinions - are of my own.