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Re: old_schooler post# 6025

Wednesday, 06/30/2010 11:08:18 AM

Wednesday, June 30, 2010 11:08:18 AM

Post# of 26333
Only nine days until the financials are due and nine market days too. And there should be some revenue reported.

Still think it's good FDMF are getting ~ 16 barrels per day of oil from one field... ~480 barrels per month, @ $50 is $24,000 per month.

That should more than cover some basic bills...and only accounts for one source of revenue for FDMF and shows why they don't need to dilute.

The secret to profitable investing is to buy into well-run companies at the beginning of their earnings growth cycle—before Wall Street takes notice and bids up the stock price.
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