Black Dragon Resource Companies Inc (BDGR)

[DevilDolphin]

I JUST WANNA STATE THAT THE HUMBLE HAS GONE FROM PRODUCING 400 GROSS BARRELS FOR THE MONTH OF MAY TO A 250-350 EVERY DAY OFF THE FIRST 5 WELLS WITH AN ADDITIONAL 10 THAT ARE YET TO BE DRILLED! DO THE MATH..250 BARRELS FOR 5 WELLS = 750 BPD FOR THE 15 WELLS X $75 PER BARREL MARKET VALUE X 30 DAYS FOR EACH MONTH = $1,687,000 WITH A 20% INTEREST FOR BDGR COMES OUT TO $337,500 PER MONTH FOR BDGR. GEOLOGIST PUT AN APPROX 1.5 MILLION OBTAINABLE BARRELS FOR THE 5 WELLS IN PRODUCTION NOW WITH A POSSIBLILITY OF 4.5 MILLION BARRELS. ESTIMATES EARNINGS EFFECT ON SHARE PRICE FOR HUMBLE ALONE WILL RAISE THE PPS .002 OVER THE NEXT 12 MONTHS USING THE 2.2 BILLION O/S THAT IS ON PINKSHEETS TO DO THE CALCULATIONS. ADD IN THE POSSIBILITIES WITH GERMAN FUNDING AND DRILLING ON COTTON VALLEY FOR NATURAL GAS..DEPENDING ON BDGR'S STAKE AND WHAT PERCENTAGE OF THE NEWLY LISTED COMPANY THEY WILL HOLD WILL DETERMINE THE EFFECT TO PPS. I ESTIMATE A 12-18 MONTH TIMELINE BEFORE WE SEE THE FIRST WELL START ON THE cOTTON FORMATION AT WHICH POINT .OO2 IS A STRONG STARTING POSISTION TO GIVE BDGR MOMENTUM TO CROSS BACK INTO PENNY LAND. THIS OF COURSE WILL RELY HEAVILY ON THE PROPOSED 8 WELLS PRODUCING, WHICH I HAVE GREAT CONFIDENCE IN THAT HAPPENING. IF BDGR RECIEVES A 20% STAKE IN THE NEWLY FORMED COMPANY WE WILL HAVE TO MAKE OUR CALCULATIONS ALSO ON THE SHARES O/S IN THE NEW COMPANY AND THE MARKET VALUE OF THAT ADDED TO BDGR'S PORTFOLIO.

US SAILOR
DEVILDOLPHIN