InvestorsHub Logo
Followers 15
Posts 1541
Boards Moderated 0
Alias Born 03/27/2007

Re: gumby10 post# 916

Monday, 12/27/2010 9:14:20 PM

Monday, December 27, 2010 9:14:20 PM

Post# of 38473
UBRG lists property value at 300K yet post 747 message indicates 20 million bbrls oil and
17 million units natural gas. What gives?


Really?? I didn't realize a Q/K had come out factoring in the NEW!(12/2010) joint venture.

NDR is merely linking customers with producers, doesn't produce. UBRG showing 613K loss thru June, this would include NDR income or loss.

Procurist/Brokers don't make money??... LMAO! The difference between what they bought it for and re-sold it at IS their revenue. What you FAIL to realize is that they can make a TON!! of money in the "high demand/rising price" of BOTH commodities(Oil & Gas).

... and as the 12/2010 PRs state... they NOW! have a stake in PRODUCING! from the ground.

Throw them under the bus all you want.. but UBRG clearly has their ducks lined up.. and it's PAYING OFF!

GLTA!!
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.