Replies to post #6788 on Worthington Energy, Inc. (fka WGASQ)

[blindman28]

Warren buffet agrees with you he sold his tech and retail plays to buy into OIL and GAS sector in past weeks

[AUDACIOUSWON]

I think a rise in oil prices has an influence on WGAS, but a marginal influence compared to the larger companies that are already producing. Our biggest factor is I-1 and production rates currently, as well as our other assets that will produce down the road. I think many investors are holding out until they see production and the numbers. As I mentioned yesterday, we are dealing with proven reserves which takes most of the risk out IMO.