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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

Post by Time4TAon Aug 22, 2011 10:07am
260 Views
Post# 18966246

SHORTS to Soon Run for EXITS

SHORTS to Soon Run for EXITSIf you think gold and silver as an asset class are severely
misunderstood, and it is, then multiply that misunderstanding 10 times, and you
will realize the level of misconceptions that exist around junior mining
stocks.



As interest in junior
miners increase, if the rumors about hedge funds maintaining large short
interests against junior mining stocks are true, then maintaining these short positions will become a
very risky proposition in the remainder of 2011 and beyond. Furthermore, if these rumors are true, then as the majority of shorts held against junior mining stocks run for the exits,
a lot of pent up energy in junior mining stocks will be released. I

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