News Focus
News Focus
Followers 164
Posts 7679
Boards Moderated 0
Alias Born 02/01/2011

Re: xZx post# 27744

Thursday, 01/10/2013 8:05:00 PM

Thursday, January 10, 2013 8:05:00 PM

Post# of 71458
We currently are expecting about what 40bpd off the existing oilwell? I know they will provide some additional updates- but I think I remember seeing you provide some revenue estimates and how that will help deal with some of the liabilities/debts that we currently have hanging out there.. I cant recall the post# if you have it..(thanks)

I know 20,30,40,50 bpd doesnt seem like much but its not bad for a penny stock with .015's availabe and thats fully reporting so Im not asking this with a negative spin- I thought some others already crunched some of those numbers..

Now seems to be a very good time for oil producers $94 Per barrell roughly

say its 30X 94x 365= 1,029,300 - minus expenses loans/salaries/debts

Have we figured based of Q'S the burn rate for this company to keep loans funded and expenses paid- I know thats a moving target on expenses that shift and change over time.. but this recent asset I would hope helps this more of a sustainable company that can now take its next step. I would love for this to be the next overnight millionaire maker stock with all the assets/loans possibly in play Im just concerened about the next 60 days too :)





Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today