Replies to post #74 on New Concept Energy, Inc. (GBR)

[$oldier Hard]

You're right. It certainly is bucking the trend. Which makes it a very curious stock as to why it is. I'm really curious about the mineral leases.

BTW, this company is not only an oil and gas company. They also own retirement facilities. It's just imo that they aren't going to be in the oil and gas business much longer.
IMO again. LNG is going to be huge not long from now.


Profile.
New Concept Energy, Inc., through its subsidiaries, owns and operates oil and gas wells, and mineral leases in the United States. The company operates through two segments, Oil and Gas Operations, and Retirement Facilities. Its oil and gas wells, and mineral leases are located in Athens and Meigs counties in Ohio; and Calhoun, Jackson, and Roane counties in West Virginia. As of December 31, 2013, the company had 152 producing gas wells, 31 non-producing wells and related equipment, and mineral leases covering approximately 20,000 acres. It also leases and operates Pacific Pointe Retirement Inn, a retirement center located in King City, Oregon that provides community living with basic services, including meals, housekeeping, laundry, 24/7 staffing, transportation, and social and recreational activities. The company was formerly known as CabelTel International Corporation and changed its name to New Concept Energy, Inc. in May 2008. New Concept Energy, Inc. was incorporated in 1991 and is based in Dallas, Texas.

Ty and I wish you the best as well.