GREY:TBDYF - Post by User
Comment by
earwig3on Apr 16, 2013 10:48pm
139 Views
Post# 21263731
RE: RE: BIG NEWS
RE: RE: BIG NEWS LUXY--If they can drill 12 more wells before Dec/01/13, in other words double the production that they have now (easy to do) @ $4.00 nat gas (it's going to $7.00 this year and $5.50 to $12.00 through 2014/2015/ 2016)
YOU HAVE A GOING CONCERN THAT CONOCO OR SOMEBODY MIGHT WANT TO BUY.
They just have to raise $10m in debt this year.
IT'S VERY POSSIBLE.
GLTA.