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Re: Walker post# 6155

Monday, 03/22/2010 2:49:00 PM

Monday, March 22, 2010 2:49:00 PM

Post# of 35802
Walker,if you want to talk about fundamentals how about this. I just got off the phone with Steve and while there are no guarantees he said they might have the Harbinger Report done by end of week. :)

When I asked if the current earnings estimate of 8.5 million dollars includes anything not already discussed he said no. Any new deals would increase those earnings. As those numbers are based on $60 a barrel oil and they are looking for more deals that number should be a nice surprise when financials are released later this year.

If we hit $95 by the end of the year my guess is we do over 20 cents in earnings. I will not be selling at $1 myself.

Bob