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Tomstyle

11/16/15 2:47 PM

#1211 RE: brokerman7 #1210

I think they may be closer than you might think - they have the wells in place right now to come very close to break even after the El Paso deal. IMO i think that they are borrowing only the ~$225K+ right now because they think they can hit break even very soon - given the recent cost run rate, they will have to raise more in the next 2 months, 3 at the latest given 3q revenue.

MSU

11/18/15 3:40 PM

#1214 RE: brokerman7 #1210

So you estimate break even next summer, and I agree.
The stock should trade at 20 times current valuation when that occurs.

I can see this at .10 by year end.....