Daybreak Oil and Gas Inc (DBRM)

[xiws]

DBRM needs production - all else is fluff
I find all the conversation on this board to be sometimes interesting trivia about the overall oil market, but pretty meaningless in regard to DBRM. All the big debate about peak oil, Iran, US and China consumption and production, etc is pretty meaningless until, and unless, DBRM actually reports volumes and revenue.
It really doesn't matter how much oil the world needs, or who is producing it or not. If DBRM can't generate barrels faster than it is burning cash the stock isn't going anywhere.
Yes, I know that they are PR shy - for their own reasons or big partner control or whatever. But something more than one statement a quarter when they make their SEC filiings would be desirable, and a bit of an update on production and flow would qualify. I just can't see the harm in that if they had a bit of good news to send out every once in a while.
Their last meaningful statement was Oct 29 - and that wasn't really any *new* news. Production facilities "substantially completed" and some more wells to be drilled. The last notice prior to that was in July, which said "Further development wells are being planned for later this summer. We are continuing construction of permanent production facilities and should be
finished by the fourth quarter of this year.” So the Oct announce didn't really say anything useful that was actually expected in the July notice.
Ok, so maybe they can't say much about the recent wells, esp if they are not quite done, still getting things hooked up, etc.
But if they are turning up the volume on existing wells, make that a short update on new volumes.
No wonder the stock won't move. Why would anyone out there have a good reason to buy it? May not be a good reason to sell it, either, but it certainly doesn't surprise me that it is sitting still.