Black Dragon Resource Companies Inc (BDGR)

[57tbird]

I'd really like to see that SEC compliant audit on the heels of what they sent to M&B.

Today's Production report agains references "Gross" and not the more important "net" to BD production. That gross number is near meaningless. Heck, the Gross could double or triple in volume, and have only slight impact to BD - depending which wells, and the actual BD ownership percentage of those wells, are involved.

Likewise, the gross production numbers could actually decrease and yet have BD's revenues increasing - if the wells with the greatest % of BD ownership experienced growth and the lesser % owned wells slowed down.

Some day, we'll see the real numbers!