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Re: Wildwilly post# 1866

Sunday, 01/09/2011 12:05:21 PM

Sunday, January 09, 2011 12:05:21 PM

Post# of 9201
With patience and assuming that the company stays quiet for a while, you might get some at .025-.03. Personally I think accumulating in the .03-.04 range is your best bet. Everything hinges on production (yeah, I know, Captain Obvious has spoken!), but more specifically on how successful they are in reworking some of the wells.
Right now the company is exploring and we are speculating. Once we (hopefully) get news to the effect of "X number of barrels per day" this should be on a fairly significant upswing.