Cross Border Resources, Inc. (XBOR)

[downsideup]

Whatever. They hired someone... apparently to say again the same things that they'd already said ? woohoo. to da moon.

I wonder what "sense of urgency" motivated that "effort"... that seems it was still insufficient to have them do more than say they'll eventually get around to coming up with a plan... later.

See what that "plan" is... what it is going to cost... where the money to fund it will come from, and how long it will take them to implement fully... while comparing that to the burn rate ? Then, at least, you'll know whether (as it seems so far) or not it will cost them more to extract the oil they've proven than they can sell it for ?

I'm still not seeing how they make money with what they have... while still not seeing that they have the $ they'd need to "make" more from what they have... while also still not seeing that the prior history of "shrinkage" in assets isn't an ongoing risk.

That's all... which bit of "in depth analysis" took me less than a minute... less than the time it took to write this...

Still waiting on the Q ? What do they have in the checkbook ?