Show me the poo poo.... 11. The Show-Me-The-Money Axiom I once asked a poster that was complaining about getting lied to on a message board: "Are you stupid in any other areas?" Seriously folks, everyone on a stock message board has an agenda...including ME. Including YOU. Consider how often your posts are seasoned with fiction and/or things that you simply DO NOT KNOW TO BE CERTAIN. Consider that you have most likely served up a poo-poo platter covered thickly with powdered sugar. Trusting stock message boards for accurate due diligence is like trusting the National Enquirer for accurate UFO sightings.
Enhanced Oil Resources has a market Cap of $25 million. (.16 share)
Enhanced Oil Resources has $25.5 million in Cash (.16 share)
Enhanced Oil Resources has NO DEBT!
Enhanced Oil Resources has 28,000 acres in the Permian Basin. San Andres valued at $66.6 million. (.41/share)
Enhanced Oil Resources has 365 BOPD of production. (365 x $75,000 bo) (.16 share)
5 wells Permitted....3 wells to Spud in June. Cost of each well is around $1 million.
That's my Pump.....
Let me know what you think, I know all the bad also! (lots to talk about) A penny stock trading at cash....with no debt....