InvestorsHub Logo

rugbyman

03/12/08 4:47 PM

#957 RE: rugbyman #956

I meant with no wells drilled

dude iligence

03/12/08 5:12 PM

#959 RE: rugbyman #956

rugby,

Pinksheets is typically dated with respect to that info. Only the co and the IR should be used as a source for this info. When I'm doing DD and top mgt or the IR can't/won't tell me, I usually unfurl the red flag that says "Run" LoL!

I don't follow FNAT so... a speculative guess at a higher price would be the strength of their leases (reserve potential) &/or other assets if they haven't got wells.