GREY:FGENF - Post by User
Comment by
paperplayon Jul 08, 2009 7:04pm
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Post# 16125956
RE: RE: Have direct access to two oil and gas proj
RE: RE: Have direct access to two oil and gas projMr. barryhurst, Im talking about selling OUT at 14-16 pre rollback, thats 1.40 to 1.60 in todays prices. LOL... Look, if these guys can raise the money theres plenty of good projects out there. Just spend the money, a lot of the geological work has been completed. Its the lack of access to capital and the lack of the ability to raise capital that has made it a buyers' market for good assets. Anyways, sorry for your losses here, I believe it will trade lower until a financing is complete and a good project is found. That is just my opinion, for what it is worth.