News Focus
News Focus
Followers 8
Posts 148
Boards Moderated 0
Alias Born 12/26/2002

Re: ctb post# 34887

Monday, 10/08/2007 11:16:41 PM

Monday, October 08, 2007 11:16:41 PM

Post# of 44006
ctb, good points -- I agree with your thinking.

The delays have been difficult for everyone, but I am with you waiting for the news on the new wells. CB told me that he "had the goods to make this work out for patient shareholders" before the RS and I am giving him a chance to prove it.

The delays are just par for the course due to our situation of not much cash flow. The plan is still to get these new wells coming on line with good production numbers and then do the private placement. For as long as I've been in this, now is not a time I would be getting out; I will give CB a chance to get these wells on line.

As always, I appreciate your comments and perspective.

Mike

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today