Comstock Resources Inc T.CRK.DB

Primary Symbol: CRK

Energy Oil & Gas E&P

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.

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Comstock Resources Inc > From this level

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Comment by COREDIGGERon Jan 11, 2012 2:35pm

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Post# 19392627

RE: RE: RE: RE: RE: From this level

No it doesn't ... and you're trying to twist what i said.

Whether someone gets in at
.35 or $2.25 - they are losers - since an opportunistic bid is just that ... stealing the company at a low price.

Don't be so sure that shareholder's won't sell at an improved offer in the
.65 range. There are a lot of institutional holders that would likely be happy to leave. And with the share price being held within a low range, there are likely many people accumulated at this low price, who could flip their investment for an easy 10-15% gain.

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Advancing flagship Ishkõday Gold Project in Ontario