Daybreak Oil and Gas Inc (DBRM)

[maverick one]

JJ!!

Thanks for sharing. That’s a pretty straightforward reply & all in all - not a bad one at that overall. IF he gets funding - which I can appreciate his candor with you. IMO- as price per barrel increases through out rest of 20’ and into 21’ & 22’ - capital should filter in. We both have been here for a long time with Jim and Daybreak -I do believe there is value here - as you do. Sounds like Jim is putting money back into maintenance and doing a good job on that. That’s actually a big positive, plus their production is doing good. If JW does get capital eventually- and this shallow Michigan play turns out black gold - that will be a good thing. I believe there is upside here, and we have all the time we need to watch as we have. At less than .01 - it will likely rise in PPS- if news breaks later on JW got his money and then strikes Michigan black gold. IMO- that’s a risk I would take.

Thank you for sharing! Does he know about this board do you know?

Mav