InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
57,904.08
(
2.22%
)
Post# of 44006
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

jsc52033

Send PM Follow Ignore
Followers 48
Posts 9995
Boards Moderated 0
Alias Born 06/26/2003

jsc52033

Re: silver1999 post# 16130

Friday, 12/29/2006 12:04:44 AM

Friday, December 29, 2006 12:04:44 AM

Post# of 44006
Silver Doesn't the company sell limited partnerships for a working interest in the wells? I believe that is what they did a year ago. They wanted me to by a interest in a well to be drilled. My beliefe is partners are for dancing unless I'm the lead partner ie the GP calling the shots. Hence unless partnerships can't be sold yes the company needs cash to drill. However once a few successful holes come in investors will line up fast to join the company's partnerships.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up