Mexco Energy Corporation (MXC)

[littlefish]

Option, thanx for taking over as mod! And thanx for not completely flipping all the shares LOL (it is temtping with the volatility). I think with time this has a ways to go but also think that is very much predicated on nat gas prices. So far very good.

Dog gone it I need to get some clarity on those pooled wells. I think Tammy is waiting to hear back from CHK and then they'll hopefully put out a FINAL and DEFINITIVE PR about what exactly they have LOL. At any rate, based on the acreage (now 122 apparently) and the production rates of the wells, coupled with no operating expenses, I think the company got a really nice deal... That should be born out with the annual to some extent and if they ARE pooled wells, I would think they'll have a shot at doing better in the August report ( I believe some wells were not online by the end of March but not positive). With hurricane season shortly after that Augsut report (or cyclone season just getting busy), I think we could see some good momentum in this in the Aug-Sept timeframe. Should have lots of eyes on it at that point.

BUT we haven't even seen one Q report yet so I still need to get verification this is all as it seems to me.

Good weekend (and Happy Mother's Day) all longs! All three or four of us LOL...