Well, I'm down $40,850 today. Makes me almost wish I had drilled a dry hole, but the good news is I don't see too much more hemorraging coming. Unless of course there was a subtle pump and dump going all these months. We really do need more info on what the operations really are. Have they been sitting on the sidelines waiting for operating revenue, or have they been producing? To hell with filing quarterlies that will show nothing for 2010 and little for 1Q 2011. As many of said, we need to see what is going on. I'm up enough to stay in another 30% drop and still make some money, but I'll stick around and see what happens. No matter how much we try to see the silver lining, the news wassn't good. In the oil business even when you have initial production, the contracts with the gatherer determine when you get paid and that can be from 30 to 90 days after delivery and if you run out of cash you are SOL unless you can go to someone for a quick infusion. I don't know, but I'll live with it for a few more tics.
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