Bedford Energy (BFDE)

[chaoslord]

Sounds like a good plan but for me anything sounds like a good plan because I do not know enough about all these processes. I have watched the drilling process but the calculations used after the fact which determine how much is there and how profitable it is, is beyond me.

Maybe during that year of mostly silence a good portion of these calculations were done. The fact that there was a lawsuit that Bedford Energy settled tells me someone wanted a piece of the pie, and Bedford Energy decided it was worth settling, meaning there may be something there. Something worth fighting for.

It could take another year or two to get this company fully off the ground and it has already had some huge hurdles but yet it keeps going. If they can just get a couple good wells going that can begin to pay down the debt caused by the blow out and eventually begin to being profitable the company will then expand more and more and more into other wells. This is what I am waiting for.

I do wish for more information whether it be good or bad because at this point I have lost enough that I can care less about bad news. Bad news is not going to make me sell my stock at this point.

This stock is a long term stock. It will take a while before it cansupport itself. But once we get there I think we will see good things.