Replies to post #6414 on Rock Ridge Resources, Inc. (RRRI)

[Montanore]

That should have been 'essentially,' not essential in my last post. Sorry for the typo. I should get some coffee in me before I type. Here's a nice post about TNOG's potential from Spiderman that you may have already read--but it is worth repeating:

. . .

How about royalties on 4 punched holes pumping an average of 200 bpd each all verified by the TRRC ? Would that be enough quantities for shareholders? . . .

Lemme see... 800 bpd x 30 days x $70 bucks a barrel = $1,680,000 dollars a month. Of course Titan gets only 16.9% of that which is about $284,000.00 dollars a month net. No expenses just all straight cash for doing nothing but holding the lease. Gee, that's $3,400,000.00 dollars a year practically for free on someone else's dime.
. . .

Of course this doesn't include what Titan does on their own on their other leases and will get 100% of gross.

. . .

Spider

[dr_silkworth2002]

LOL.....how true montanore....how true.

doc