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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
Comment by morriconeon Sep 10, 2010 4:05pm
315 Views
Post# 17435531

RE: Merit of a lawsuit?

RE: Merit of a lawsuit?You obviously haven't read the fine print at the bottom of their press releases. Please explain how you would hold them accountable in a court when they have this kind of disclaimer:

"Cautionary Note

Certain information set forth in this pressrelease contains "forward-looking statements", and "forward-lookinginformation under applicable securities laws. Except for statements ofhistorical fact, certain information contained herein constitutesforward-looking statements which include management's assessment ofCrocodile Gold's future plans, operations and mineral resource estimatesand are based on Crocodile Gold's current internal expectations,estimates, projections, assumptions and beliefs, which may prove to beincorrect. Some of the forward-looking statements may be identified bywords such as "expects" "anticipates", "believes", "projects", "plans",and similar expressions. These statements are not guarantees of futureperformance and undue reliance should not be placed on them. Suchforward-looking statements necessarily involve known and unknown risksand uncertainties, which may cause Crocodile Gold's actual performanceand financial results in future periods to differ materially from anyprojections of future performance or results expressed or implied bysuch forward-looking statements. These risks and uncertainties include,but are not limited to: liabilities inherent in mine development andproduction; geological, mining and processing technical problems;Crocodile Gold's inability to obtain required mine licenses, minepermits and regulatory approvals required in connection with mining andmineral processing operations; competition for, among other things,capital, acquisitions of reserves, undeveloped lands and skilledpersonnel; incorrect assessments of the value of acquisitions; changesin commodity prices and exchange rates; currency and interest ratefluctuations; various events which could disrupt operations and/or thetransportation of mineral products, including labour stoppages andsevere weather conditions; the demand for and availability of rail, portand other transportation services; the ability to secure adequatefinancing and management's ability to anticipate and manage theforegoing factors and risks. There can be no assurance thatforward-looking statements will prove to be accurate, as actual resultsand future events could differ materially from those anticipated in suchstatements. Crocodile Gold undertakes no obligation to updateforward-looking statements if circumstances or management's estimates oropinions should change except as required by applicable securitieslaws. The reader is cautioned not to place undue reliance onforward-looking statements. "

Good luck on a  lawsuit. I simply sold out earlier this week and have moved on.

Bullboard Posts