Replies to post #53 on Lonestar Resources Ltd. (fka LONE)

[jockinmikeg]

Your concerns are valid. I am looking on a bargain hop here. My price range needs to come down a bit more, as the stock price has gone up 60% in a few weeks.

[jugs]

You make a point about reserves (P).

From management's update:

The property acquisitions announced today are expected to yield significant increases in all of Lonestar’s operational metrics:
• Adds 7.4 MMBOE, or 41% to Lonestar’s Proved Reserves, to 25.6 MMBOE