Replies to post #4390 on Daybreak Oil and Gas Inc (DBRM)

[maverick one]

It's possible mid $20's to $30 will be the bottom. Currency devaluations are coming and that will not help O&G along with the glut. I suspect China could be moving to devalue their yuan- but maybe not. I trade and invest in global currencies as well. IMO Daybreaks low cost per barrel will buffer any drop and keep them out of harms way financially. The cool thing for Daybreak is that they are a small outfit and well managed...I like that.

If they move south in the AMI eventually and keep hitting different pools adding to reserves, increasing daily output we'll be in good shape IMO.

I've got nothing but time in no hurry with this one.

[maverick one]

I hope Southern AMI gets explored more.