InvestorsHub Logo
Followers 11
Posts 1693
Boards Moderated 0
Alias Born 10/21/2008

Re: eaglesrule post# 24315

Friday, 02/04/2011 6:22:12 PM

Friday, February 04, 2011 6:22:12 PM

Post# of 30337
roughly a penny a well. 7 months until september. you said a new well every 60 days. you expect $.10, that does not add up. But it does if they get some foreclosed wells, hit the mini lottery/lawsuit resolved (provided they get enough money to pay all debt and have money left over) and last but not least oil continues to hover where it is and Mott signs so they can sell. Could happen, but not alone by getting a new well every 60 days, unless they would have a share buy back as well.

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.