InvestorsHub Logo
Followers 54
Posts 10840
Boards Moderated 0
Alias Born 02/24/2010

Re: Stockguru55 post# 298

Tuesday, 06/05/2012 10:22:50 PM

Tuesday, June 05, 2012 10:22:50 PM

Post# of 433
Ok time to get in. EORIF Enhanced Oil Resources. 3 well drilling program to start in 10 days. June 16.
$25 million in cash, no debt, $25 million credit facility, 435 Bopd current production, 2 of the 3 oilfield assets valued at $55 million. Market cap of only $20 million, .12-.13.

The catalyst will be the drilling results.