GREY:CUDBF - Post by User
Comment by
hum726on Dec 15, 2011 3:23pm
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Post# 19326293
RE: RE: a bit of a shocker at 0.44?
RE: RE: a bit of a shocker at 0.44?Actually when i emailed jeff he mentioned they would do a financing soon so that they could quickly get up production etc and sure enough a week later. I dont necessary feel like that was the wrong move if they do what they say they are doing. They could wait for sales from say 5-6 wells and use the income to futher drill or get a nice lump sum 2.4M bring 10-15 wells or whatever and increase the income faster