Replies to post #1082 on MineralRite Corp (RITE)

[iblong2]

I can not get too excited yet. Last year this company only produced BS and a lot of investors, including myself, lost a great deal of money. So far they only have a 36% interest in one well (of unknown production potential) and 67% of that income goes to the investors. It is perhaps a good start.

[goldforbrains]

With 3 possible producing zones from the one hole there is excellent potential. Wells in the vicinity produce up to 500 bbl/day. This could be an excellent cashflow source for the company. All we need now is some good weather for the completion rig to finish up.