GREY:CUDBF - Post by User
Post by
stockeditoron Oct 11, 2014 10:57am
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Post# 23021430
Speculator: POP does have $3MM in working capital
Speculator: POP does have $3MM in working capital
and this will give them the opportunity to drill many wells, this is a statement of fact. I suggest that you review their financial statements, and then you to can appreciate this fact. POP, is not a blue sky Company, they have already defined targets for drilling, and have a 51-101 reserve calculation of oil in the ground. They are not searching for oil, they are drilling for oil on previously proven finds or defined targets. No one has been removed from this board for repeating facts, your parallel is indeed misplaced.