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Comstock Resources Inc T.CRK.DB


Primary Symbol: CRK

Comstock Resources, Inc. is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company operates through the exploration and production of North American oil and natural gas segment. The Company primarily operates in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas, with economic and geographical proximity to the Gulf Coast markets. The Company is focused on the development of drilling opportunities in the Haynesville and Bossier shales and exploration activities in Western Haynesville play. The Company has approximately 2,959 drilling locations on its Haynesville/Bossier shale acreage, where the Company estimates to have 4.9 trillion cubic feet equivalent (TCFE) of reserve potential. The Company owns interests in approximately 2,478 producing oil and natural gas wells (1,516.7 net) and operates 1,703 of these wells.


NYSE:CRK - Post by User

Bullboard Posts
Post by ConorBuffeton May 19, 2010 1:37pm
473 Views
Post# 17114250

Manupulation at its finest.

Manupulation at its finest.What do you do?Sell now and buy when the dust settles or wait it out.I'm going to wait it out because this company is going to make a lot of money in the near future.Do the math,200,000 x $1200 -$650 oz the cash cost is still good.With higher gold prices and more production coming this is a gift from god.Peter Shiff ,Marc Faber and Jim Rogers still believe gold is going higher.These men are very smart men so when they say all countries are devalueing thier currencies,you have to think gold is still the best choice.Look at ngx is at $3 and I think crk will surpass them in production.Australia is very,very rich in gold and if you don't believe me check out you tube and see guys picking out huge gold nuggets with their metal detectors only a few inches underground.Unbelievable!!!
Bullboard Posts