GREY:BNKPF - Post by User
Comment by
himmleron Jan 03, 2019 2:05pm
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Post# 29182561
RE:RE:Last news report
RE:RE:Last news reportThat is a rather low output.There are only 2 options here..wait another 30 days or sell.Luckily I dont think we have too many retail investors left in BKX,otherwise we would be at 20 cents.Its a BB that doesnt have valuable input from longs here as its all speculation on our part.Negativety posted by the usual amatuer kids count zero..simply because its a case of sour grapes for losing on this stock...no matter what BS they spew in their defense.
I intend to hold on as one never knows what the output will be.According to some reports that I've read a typical horizontal well fracked in OKA produces @ 250-280 bbld.One cannot compare the output to other states with 500 plus.say in the Permian..and thats what some posters here are doing.There are also tax incentives in Oklahoma which are ignored by this BB.Finally the length of the lateral line is very long indeed....2 miles is one of the longest I've seen...it does make it justified to wait for extra time.
Again new posters ,with their stupid comments are typical for this BB...I choose to ignore their commnents strictly by their own failures.A brief look into their posting historys tells all..penny stock failures.I actually wasted my time looking LOL.