GREY:VFGGF - Post by User
Comment by
ofirmeon Aug 27, 2014 7:42pm
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Post# 22884342
RE:RE:RE:The "Nothing is New" news is out
RE:RE:RE:The "Nothing is New" news is outyou could very well be right, but in order for the price to reflect the value you need more time.<br /> if you establish that the production gains are not accidental, the land value and production <br /> value will go up. I was wrong before (too optimistic), but this is the right way of establishing <br /> a track record. penn west is waiting on their initial wells to show the production does not fall<br /> off the clif and pinecrest is showing that the waterflooding does work, but this is only an early<br /> round at this game. lets hope for the best. if they remedy more wells with decent results, the <br /> game will change by quite a bit.<br /> good luck to the company and to us, its shareholders.<br /> <br />