Black Dragon Resource Companies Inc (BDGR)

[localoil]

"Trust me, I'll be here every day to tell investors the truth about BD. The level of corruption at this company is beyond belief. You don't think so? Then explain an oil company that can't make money at 80/barrel."

For most of us, the discounts for gravity, etc., have us being paid over $79 for the first 16 days of the month. Then we spiked in prices, closing today at %87.40 (WTI) against which out discount is applied. If they are paid more or less then they should post those BBLS, the gravity, the BS&W, and the discount, if any.

Point being that for the whole the month (a guess, admittedly), gross to the seller should be higher than 80 since that has been the "bottom" for the past 5 weeks or so.

Maybe Charts is about to tell me how much oil has to cost before Dragon is profitable? Here's the net answer. When all of your expenses are a precentage of the selling price, (overrides, workovers, etc) then it might be...

LO