RE: RE: RE: I was wrong Upperside...................you were concerned about Donnycreeks financial situation and the possible dilutiion. I answered that. This all about earnings per share. Donnycreek with well # 1 tied in by Sept will, as of the beginning of 2013 start the process of earning well over $ 1 buck per share. Trading at $.80 cents now. To arrive at that I used 2000 ( closer to 2500 )bbls and 80 buck oil ( closer to 95 bucks ). I only just started to watch these companies as I was in Donnycreek over the last month or so. Less than 20 million out fully diluted. It will be quite a year ahead should well # 2 have anywhere near the same success.
GLTA ..........