GREY:VFGGF - Post by User
Post by
bargnhillbillyon Jun 03, 2014 11:31am
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Post# 22624840
Pros and Cons Going Forward
Pros and Cons Going Forward
As far as price per share, I think the decline and bottom is in for the SHORT term. Leaving me with lots of questions. Yes the drilling team has made some advances in ramping up production from the waterflooding wells. but is it enough? Enough to attract a buyer? Enough to be Profitable? Enough that drilling will continue? Enough to keep the boed above 2,000 boed for the next qtr? How long does it take for Pinecrest to get their money returned from drilling with the latest break through from the drilling team?