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kingman

03/12/07 3:38 AM

#16065 RE: Hubble #16064

you gotta be kidding.
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kingman

03/12/07 3:52 AM

#16066 RE: Hubble #16064

mkgp has gone from about 5cents last summer to 6 cents with a brief spike to around 10 cents and back down to 6 or 6.6 cents . If you sold EDEX at 14 that would mean you probably got mkgp for around 4-6 cents. So why would I want to go into a oil reclamation company that is only taking in $2.8 million from almost 300 wells plus their gas intersts. that works out to less than 2 bps per well per day based ont their 240 operating wells. If mesa1 has decent numbers it could produce anywhere from half to all the output of all of mkgps wells per day.
Rather gamble on a possible gangbuster than a few almost dry spots. but thats just me.

i think you should dump mkgp and put it all back into edex


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dragon man

03/12/07 1:39 PM

#16086 RE: Hubble #16064

tom said on wall street report some time ago, that if he had 3 dry hole, he have leave .