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niczar

02/10/21 12:09 PM

#152859 RE: PennyChaser88 #152854

You hit the nail on the head with "long haul".

If the Company is even around in a year it will still be trading sub.03
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niczar

02/10/21 12:18 PM

#152861 RE: PennyChaser88 #152854

Oil and gas will amount to nothing as far as realized revenue.

Especially if we experience a down turn in demand.

Companies will not spend additional monies if there is not a highly appreciable return .

All the papers and studies mean jack, producers will go status quo as they've been doing for the last 50 years.