Replies to post #29089 on Allied Energy Corp (AGYP)

[BCNstocks]

Judging by your profile I do not take your comments seriously. In the end shorts are going to lose big here.

The short interest here will win because the street has dissipated.
There’s just no way out of this mess. It’s very unfortunate.
AGYP Is pipe-dream filled with fluffy press releases. Basically It takes 8 months to drill a new well and put into production. “Reworked wells” should be produced in a fraction of that time. Even if the RRC numbers post well, there’s to much paper among insiders to let this see any upward trend.

[back2basics]

Old Timer, it's likely that the first production numbers, from these re-worked wells, will look good.

When a well has been shut in, for a number of years, a layer of residual oil builds up on the saltwater. Once a well a starts pumping, again, that layer is removed. The subsequent months are usually much lower.

B2B

[Jacobi999]

The theory of drilling oil "8 months" for a new well doesn't apply when you are on the fields..