Replies to post #28407 on Black Dragon Resource Companies Inc (BDGR)

[crude-dude]

Quit making things up, You are doing a GREAT disservice to investors. Of course many savvy investors already know BS when they read it. $10 mil is the average to drill and equip an average Haynesville Shale well. Those figures are widely availible. BDGR has no infrastructure in place for such well either. I have no doubt the Hynesville formation exists in the area of Dragon but it transitions to sand near there in an uplift. In short, it is less pressure, less productive, less economical to drill and produce.
Here is one of the many articles on the cost:
http://shale.typepad.com/haynesvilleshale/2010/03/petrohawk-energy-drives-costs-down-in-the-haynesville-shale.html
I am curious as to your source.

[Sheepdog]

Companies doing 70 wells at a time are reporting $5M/well. Companies doing 30 wells at a time are reporting $7.5M/well. Companies doing 5 at a time are reporting $10M/well. Companies doing one well are reporting around $13M/well

How many wells do you think BDGR could drill even if they really planned it? At about $.0001, I would say 130B shares worth meaning pre-dump shareholders need the equivalent of a 130 bagger just to break even.

Crude-dude has been right-on on everything he has said so far.

On another note, has anybody talked to our new company president Neeley? I am curious if he even knows he is the new president, or for that matter, whether he filed a fraudulent financial statement. Please congratulate him for heading a company who can do what thousands of others can't do. Buy a lease, drill a well and make a gazillion dollars guaranteed, every hole a gusher.

Mick...I missed your response to my question. What do you think of Lanza's self issued one share giving him total control of our company?