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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 bonjovi501on Mar 31, 2012 9:42pm
289 Views
Post# 19744211

RE: RE: RE: CRK Moving Forward

RE: RE: RE: CRK Moving Forward

I am still here because I am in too deep and I keep hearing how we have turned the corner plus I got my family involved in the story and they too bought a lot of shares so I feel responsible. It all started when Mike H. went on BNN and said they were going to produce 200,000 ounces in 2011 and everything was really good so I phoned my family up and said great stock to buy as they are undervalued. Next thing you know those monsoon rains showed up and production is off but with a lot of emails I was told things will get back to normal and all those people who sold their shares would be sorry they did sell. All of a sudden they do a financing at $1.05 when the stock was at $1.40 and then CRK crased to the .90's. So my family says what should we do and I ask Mike H. and he says no big deal we are doing real good and share price will return soon. Bottom line it has been hell on two wheels since April 2011 I go back and look at all the interviews and with Mike H. and Chantal and they always promised good things only to come up short. I even have emails from Mike H. ( over 200 from Mike alone ) that state we will be at 500,000 ounces in 5 years from 2011 with a new mill at Union Reefs at that time. All in all I have about 400 emails from Mike H...Chantal...and the Rob from PR and a girl from PR. I know what I am saying and have the proof.  My family owns a lot of shares and were more or less told that if we were patient we would be very happy and the last 12 months have been nothing but hell. I will tell you though that we are about to pull the plug and get into other gold stocks now that a lot of other companies have been pushed down. When CRK bought those 2 mines last week my family were on the verge of selling most of their shares and then stopped to see what was going on now. Now that the shine is coming off CRK had better start moving the share price somehow otherwise the selling will begin. We have had several phone calls from other gold companies wanting our business and we are going over our options. I just hope CRK starts to move the share price and soon and yes we are mad that we never tendered our shares but thought Luxor would bring the share price higher and we were wrong. Oh well a good learning experience but an expensive one at this time. All I and my family want is the truth and we could live with that but do not lie to us. They know darn well what production will be way before year end and then they save it for nearly the end of the year. Trust me I would not like to burn my arms with cigaretts even it might look like that .Have a good day

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