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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

Comment by peep2on May 23, 2015 12:41am
89 Views
Post# 23756860

RE:RE:eric

RE:RE:ericThis is the way I really wrote my last post. But in internet explorer it came out as one big paragraph blob. This browser isn`t internet explorer :)

All we and Luxor Capital Group have to know, to want to keep CRK independent and shares intact, is that the west's central banks have to shift from negative interest rates which means low to negative inflation, to positive interest rates which means positive or higher inflation in order to keep the QE money printing going now.

People won't accept the penalty of negative interest rates (being charged to keep money in banks) to keep QE money printing going but will accept higher inflation and the penalty of trying to keep up with it, in order to keep QE money printing going.

The latter inflation is the environment that precious metals thrive in, since tangibles can't be printed up, or alchemied in metals case. This will continue as long as inflation stays above interest rates which it will or otherwise the world economy stops, the so called world recovery stops and the so called paying off the humongous sovereignty debts in the world, stops.

CRK is a gold mine in the benefits winnings sense, on top of being a real gold mine, in that it will become a market darling since it's a real producing and profitable gold mine. And you don't have to consolidate shares in what is producing and making profits.

Only potential gold mines have to consolidate shares to start over the selling shares for drilling and capital formation, money, that hopefully leads to real production and hopefully profits and higher share price, because of that real production.

Even mines that aren't producing and have a lot of outstanding shares won't have to be consolidated down during a gold bubble, since dart investing will be in effect, and anything gold will be thrown at, ie bought.

However potential gold mine companies will sell more new shares to raise money to act like they are doing drilling and real capital formation and plans for mills to process gold. All a hoax in most cases.

But guess who's not a hoax but real producing and profitable gold mine?

Can you guess Luxor Capital group?

And doesn`t need to be put in a shell holding company of future collection of gold and other mines, reducing their shares each time, if increasing the overall shares in the holding company, of such merging companies, process. 

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