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redsox219

12/20/06 10:54 AM

#13725 RE: Nervousnellie #13724

I would think it would go up quite a bit, even if they're going to throw the money at new inverstments, that's bound to happen anyways.
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rxgator

12/20/06 10:58 AM

#13726 RE: Nervousnellie #13724

EDEX seems to be at a crossroad between continuing as an exploration company since they several more prospects to explore or become a producer by developing the Mesa field. This same a biotech becoming a pharmaceutical company by selling the product they have developed
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dragon man

12/20/06 1:38 PM

#13735 RE: Nervousnellie #13724

he use has cash flow to drill more wells and kept increaing cash flow. a oil and gas company sell on what the company gas and oil sales.