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dude iligence

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dude iligence

Re: rugbyman post# 956

Wednesday, 03/12/2008 5:12:15 PM

Wednesday, March 12, 2008 5:12:15 PM

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rugby,

Pinksheets is typically dated with respect to that info. Only the co and the IR should be used as a source for this info. When I'm doing DD and top mgt or the IR can't/won't tell me, I usually unfurl the red flag that says "Run" LoL!

I don't follow FNAT so... a speculative guess at a higher price would be the strength of their leases (reserve potential) &/or other assets if they haven't got wells.
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