Replies to post #6994 on Value Microcaps Junior Energy

[kipp440]

ATPG

The main concern has been whether or not they were going broke. Approx. additional cash flow from this new well of $575,000 per day translates to $51,660,000 per month and will keep them operating. They have more wells coming that can be hooked up and I think they are in the clear as far as bk being a possibility. The drilling ban will be lifted as importing $80-100/bbl dollar imported oil will be political hot potato.

The 42% short interest will come in to play at some point as they continue to produce cash flow.

My 2 centavos.

Kipp

[acrazjo]

ATPG, ummm about time to consider ATPG is likely heading north to the mid 20's again. This was very good news and I would imagine more good news is coming. Moratorium will end soon and more wells going into production with low production costs means higher earnings. Should be a great ride from the 9 dollars I paid for some of my shares. Good luck to you, Joe