GREY:CUDBF - Post by User
Post by
STE15165on Jan 23, 2013 11:14am
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Post# 20877576
Last Release
Last Release I absolutely loved this news release. I should despise this company as I was one of the guys that watched it go to 2 dollars and bought on the way up. However I am going to give it one more shot. I can average down and this time the farm out company is providing the coin. We can use the oil revenues for our own drilling to stop dilution. I can't see any angle right now where we can get screwed. Hopefully I am right. If we can get all 8 wells going at an average of 100 boep we will looking at 320 boep for ourselves at 40%. That should be over 1 dollar a share right there. All the other drilling is a bonus. Good luck everyone. I suggest using your tax free savings account for this one. No capital gains on a possible 5-10 bagger.