Comstock Resources Inc T.CRK.DB

Primary Symbol: CRK

Energy Oil & Gas E&P

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

Comstock Resources Inc > manipulation attrition of share price

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Comment by tom_abc2003on Nov 18, 2011 8:20am

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Post# 19247938

RE: manipulation attrition of share price

CRK is in tough time ahead, when gold in last quarter as average around $1700, and stay lose money. It show the mine have serious problem. It is possible all mine estimate reserve and estimate production cost is fake. This is why the production cost of gold is keep going up. This is one risky investment, but everybody hope thing will turn around, but most of the time it never will because bad management.

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This junior mining stock offers billions in market exposure