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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 Feb 07, 2012 12:21am
230 Views
Post# 19498216

RE: Still time to Tender!

RE: Still time to Tender!

LOL!  You funny!  Good one!

I'd rather sink with current managment - than tender to a hedge fund so that they can make a profit.

I'd rather rack up losses the old-fashioned way with less than stellar management, than try something new that might result in a gain!

Oh yeah, I forgot - those darn gains just mean one has to pay a bunch of taxes!  Can't have that!

***************************

Can someone 'splain to me why Hedge Fund = BAD???

Sure looks like those who rode Luxor's coat tails on the Palladon Ventures deal - ended up paying a lot of taxes.  Oh, I forgot! Gotta avoid that! 

How does Luxor do "dilution  to their own advantage?"

.

Why is it that Luxor is only looking to buy up to 85% of all of the OS shares and not 100%??? Someone here posted that per regulations, they weren't permitted, as a hedge fund, to "own" a company 100%.  So if I coattail along with these guys, and they make money.  OH SH*T!  I'll have to pay a bunch of taxes!  Yep, now I see it!  Stay with Bharti & Co and avoid taxes!  Keep the share price low!  Yeah, that's the ticket! <g>

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