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SeaOhToo

08/31/13 12:54 AM

#639 RE: poco_trabajo_mucho_dinero #637

EORIF-No sir, you misunderstood or deliberately mislead. I am buying more at these prices!

EOR has a market cap under $10 million.

They have cash on the books of $6.9 million
They have ZERO debt
They also have a $25 million credit facility
They have Revenues topping $10 million for 3 years now
They have production of 400-500 Bopd
They have 21,000 acres in the Permian Basin
The Reserves are valued at $54 million.

Not a bad investment for .065 if you can pick some up!