First it's a gas company, then it's a gas company with a welding field service, then its a welding manufacturing company and when people ask for pesky specifics it's a "penny play"?
Gas being less than 90 cents at the well head and an old field that is fading is not profitable.
Miller Fabrication with $10-15 million of gross revenue may make some green.
A building, equipment, administrative costs, employee costs, insurances etc... with only $15 million gross revenue that may be profitable equates to a legit viable penny stock? Seriously going to try and spin that?
*Didn't account for any High Plains Gas gross revenue due to it not being profitable at the current Henry Hub reporting price.
One primary reason this company is public. They couldn't attract enough private investor $. Legit oil and gas companies that have profit to be made are built off private investors. After years of profit it often does take going public to get to the next level.
Yates will be going public soon. Legit company that has actually made profit off of oil and gas.
HPGS momo plays likely to be coming in the near future. Take the green and don't let the kool aid cloud your judgement!! Kool aid is strong on the HPGS board
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