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Comstock Resources Inc T.CRK.DB


Primary Symbol: CRK

Comstock Resources, Inc. is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company operates through the exploration and production of North American oil and natural gas segment. The Company primarily operates in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas, with economic and geographical proximity to the Gulf Coast markets. The Company is focused on the development of drilling opportunities in the Haynesville and Bossier shales and exploration activities in Western Haynesville play. The Company has approximately 2,959 drilling locations on its Haynesville/Bossier shale acreage, where the Company estimates to have 4.9 trillion cubic feet equivalent (TCFE) of reserve potential. The Company owns interests in approximately 2,478 producing oil and natural gas wells (1,516.7 net) and operates 1,703 of these wells.


NYSE:CRK - Post by User

Comment by peep2on Jun 02, 2015 11:17pm
67 Views
Post# 23791911

RE:here is your shareholder meeting

RE:here is your shareholder meetingIt's not our, shareholder meeting, as in the minority shareholders, and their having the right to negate the deal by majority vote of the minority. It's the big money group Luxor's majority shares, shareholder meeting, to rubber stamp the lopsided, unreal and surreal deal, that waters CRK down and continually so. It's so laughably lopsided, unreal and surreal, that unbelievability can't believe the unbelievableness of it.

A Rothschild could, when he said long ago, "Let me issue and control a Nation's money and I care not who makes its laws".

The laws being, from the big money controller Luxor’s open letter to minority shareholders
https://www.newswire.ca/en/story/922775/luxor-capital-group-issues-open-letter-to-shareholders-of-crocodile-gold
“How does Luxor view the minority shareholders?

We view minority shareholders as equal partners with goals identical to our own - maximizing per-share, shareholder wealth. As previously mentioned, Luxor's ultimate exit from Crocodile Gold is most likely a refloating of our shares in the marketplace. To effect this strategy, it will be critical to ensure the stock price accurately reflects the fair value of the company. The only way to do this is to respect all shareholders, maintain openness with the shareholder base and, whenever possible, align Luxor's incentives with minority shareholder incentives.”
....
....
“Will Luxor seek to take the remaining minority stake private at some point?

No. As mentioned above, retaining a listing requirement is critical to us. Even if we were so inclined to take the company private (and we aren't), the process of doing so would require, at minimum, approval by a "majority of the minority shareholders" (i.e., a majority of non-Luxor shareholders would have to agree to this).”

me- Taking CRK to a merger to a lopsided in negative way partner, is an analogous and in similar vein injury to CRK as taking it private. With the lopsided, in negative way, partner, consolidating shares, and tending to do more of that when NGN finds more gold companies to merge on the cheap with other majority big money group shareholders, just as foolish as Luxor to do that, when the gold era is about to come back strongly if gradually, by the end of the year.
ie
From 'So called "Those Crazy Gold Bugs"
By Bill Holter, June 2nd, 2015
https://www.jsmineset.com/2015/06/02/those-crazy-gold-bugs/
"You see, the currencies themselves are supported by the very debt Mr. Singer is selling short and expects to collapse! Which now brings us back full circle to the (so called) crazy gold bugs. This is exactly what they have been saying all along, a debt default will also mean a collapse in confidence of the currencies themselves and direct “fear capital” back into real money. This will create huge demand, force supply into hiding and additionally revalue gold higher because the currencies themselves are losing value and confidence. Gold bugs are not so different from those who see the dangers in the system from overheated markets and overleveraged debtors. The only difference is that these nut jobs want what hasn’t been for nearly 50 years, they want TRUE and REAL “SETTLEMENT”! They actually want to get paid in something real! How crazy is that?"





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