InvestorsHub Logo
icon url

moneyeve

04/18/10 12:32 PM

#32815 RE: frankie_fillet #32811

If it runs on that most of us could possibly get a little profit off that! Though I hope in time they do everything they are saying they are going to do. definitely not going to happen overnight, I am waiting for updates on a few things.

the only thing they are going to run this on is forward looking news.

icon url

grasshopper34

04/18/10 1:03 PM

#32817 RE: frankie_fillet #32811

future looking statements need thoughs for interest.imo
icon url

StinkyPinkSheet

04/18/10 2:55 PM

#32825 RE: frankie_fillet #32811

I agree that going cash positive is important, but for oilfield companies, proven reserves is a much stronger indicator.

We should hear back on predicted reserves for the Brown County wells once recompletion/workover work is complete. This should be completed in 1-2 weeks per well since they are so shallow, so it depends on how soon they actually start.

The next big step for investors IMO is filing and approval of permits with the BLM for their Diamond Springs prospect in Wyoming. This should give the company a little more validity, and the potential in this field is much higher than that of the Brown County wells.