News Focus
News Focus
Followers 567
Posts 12936
Boards Moderated 1
Alias Born 11/12/2010

Re: LacPythonga post# 4504

Tuesday, 03/20/2012 12:43:05 PM

Tuesday, March 20, 2012 12:43:05 PM

Post# of 133793
$ UNGS $ IS ON SALE!~ 30M @ 0005 BIG SUPPORT~

"There's absolutely no cash on hand to conduct day-to-day operations, letalone buy any shares"

That is sort of wacky statement that doesn't make much sense. They don't have any cash on hand because they purchased $1.6M in active wells which I'm sure was for a logical/profitable reason.
The revenue reported last Q was lower then it should have been because of the well issues, which were fixed after several months(see my DD post).
Those revenues will return in the next Q as well as new revenues from new active wells.
After all they showed approx. $250k in income with around 30 online, now there is twice the wells active.
Revenues on the next Q could be around triple what the last one reported.
New base of 0010 on that, without any PR's.

~PR could come this week on these new lows~

STOCKS OF SILVER
Stocks...Silver...News...Entertainment...
http://investorshub.advfn.com/boards/board.aspx?board_id=22271

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today