Black Dragon Resource Companies Inc (BDGR)

[snowcrow]

"Their easiest, long term, best hope, aside from drilling more wells on the acreage that they have, is the arriving of deep gas plays into the area. Hopefully they have retained deep rights to farm out to someone who wants to drill a very expensive deep well and retain an override in the process."

Localoil, thanks. I appreciate whatever positive ideas that you have. Somedays I despair about this company, but I do believe the right management could drive shareholder value in the current market environment. And the market will only get better. Wasn't to long ago the oil industry was saying we would be back to an average of $30/barrel. You don't hear that much anymore. The days of cheap oil are over. Would be great to know that BDGR is continueing with its oil drilling program, that they were on track to the 9,000 barrels a month and a profitable company. Could work out. But their silence about the lawsuit is deafening!