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Wednesday, August 18, 2010 1:41:54 PM
Once BDGR reports that its EOR well is injecting and the other 4 well are pumping at max capacity..which as of reports could be anywhere from 200-500 barrels per day per well x 4 wells in the first pattern = 800-2000 a day!!! gimme 30 days of continuous pumping on just 1 pattern and we could see 24000 to 60000 barrels a month just off of 1 well pattern!
Now..givin the information on past high volume days over the the last few weeks and speculation as to O/S increase it is likely that the O/S has inceased..BUT..I highly doubt it is a sell off by BDGR. BDGR has been very open over the last 12 months PR's, even releaseing that they were seaking buyers and the possible sale of the company in one previous PR release.
Mr. Smith seems very excited about BDGR's new direction and who can blame him..heck! BDGR has nowhere to go but up..and as for the available shares..everytime a company dumps shares in the market everyone yells thief..REALLY? Must be a lot of thiefs in the U.S.A.?? Guess thats what they teach ya in college nowadays!
On that note..BDGR..good to go for the next 12 months..MONEY MAKER here..this is the one chance many will have to jump into a stock at this price and know for sure that it will be a life changer 12 months from now! If you hold BDGR for the next year..you'll all be very very VERY happy people!
ALL IMHO of course..take it for what you will! But I'd rather put my money in a company at this price and when it hits .0001 I know I can brake even with 1 tick back north then put it something that can fall expponentially and then have to wait or even sell my posistion to cover my losses! Think about it!
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