News Focus
News Focus
Followers 1
Posts 105
Boards Moderated 0
Alias Born 01/06/2003

Re: jjgarcia post# 4616

Wednesday, 12/12/2007 9:41:19 AM

Wednesday, December 12, 2007 9:41:19 AM

Post# of 5894
Be careful

that 1000 boepd is only ~300 oil, so use that figure in your calculations. NG is the rest of that daily production and that has been pretty cheap lately, so I would ratchet down your $4MM/qtr estimate.

I'm not expecting any increase in share price until the company moves away from WI sales and focuses on exploration and production, AND they become transparent in that endeavor. With that being said, it could be a LONG wait.

GLTA
Cheers,
Oxyurid

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today