GREY:MMATQ - Post by User
Comment by
duckhead22on Feb 21, 2018 7:22pm
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Post# 27598461
RE:RE:Oregrande Results
RE:RE:Oregrande ResultsHi Guys,
Been in trch since it was.44. The goal is to drill enough in the orogrande to prove oil and sell out. The reason for the addition of the hazel property was to make trch a real company, rather than a lottery ticket. The stock is way under valued currently and with the pro-forma income on one well at 10mil. Should easily be at 2.50-3.00. The Hazel should eventuall be good for a 3-5x return. Up to this point good news is bads news to the market. It will change just a matter of when. Something cooking today at close, but have not heard any news. Nice to see acct go up for achange