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Re: snowcrow post# 4239

Wednesday, 03/21/2007 10:45:04 PM

Wednesday, March 21, 2007 10:45:04 PM

Post# of 45178
"Localoil, so you are saying flat-out that the latest RedChip income projection just missed by a mile, that given BD's revenue percentage they will not be able to cover operating costs?"

I'd say "yep" except I don't want to keep up with this messaging stuff. The audit will tell the story - and, I'm not really up to date on how RC's projections were put together. No doubt, there's billions of dollars of oil stuck in the ground, the problem is the rate of recovery.