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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

Comment by December3on Jan 30, 2012 11:50pm
355 Views
Post# 19468288

RE: Insider Buying??

RE: Insider Buying??

CRK Management buying up shares?  LOL!  Perhaps they see the value in Luxor running the show too?

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Haven't looked recently but the old Pres & CEO of Central Sun didn't sell any shares when B2Gold took over and may not have sold any some three years hence!  THAT inspsite taking the helm at a new development project and owning only a few shares (which is kinda embarassing if you ask me...stay investing the project you lost, but don't put your own money behind the new one?)

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I was buying Glencairn Gold way back when the Bella Vista Mine was sliding down the hillside and all of the SH BB "experts" were calling for the death of the company and one HUGE environmental disaster.  Was a good lesson to think for one's self and not follow BB "conventional wisdom."  I don't think the market still appreciates the potential the la Libertad Mine has once they get the Jabal vein material into the mill.

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Now let's hope that Luxor finds the guys running the show to be as competent as those they hired to run the iron mine!

 

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