GREY:ZARFF - Post by User
Comment by
RollinInDoughon Mar 21, 2019 12:49pm
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Post# 29517808
RE:Let's See Who Big Debenture Holders Are
RE:Let's See Who Big Debenture Holders Arein this post from Nov 23... petroexplorer said his cost for zar shares was MUCH HIGHER than 40 cents... the same tool that owned TBE at over $1 a share and watched that one go to zero... too funny how dumb some people are... if they know nothing about the oil bizz they should not own shares... and owning shares in such risky, low production, high debt, low cash flow companies is pure stupidity... pure stupidity.
why do you people own the shares as they fall over 99%... I mean why would not take the initial loss and cap it at say... 25% and say, hell I was wrong on this... get out now... I just wonder what happened to your brain cells...
So here ya go... make some money back on NWX... yes the same one petroexplorer dissed as it paid out about 50 cents in divies when the stock was trading in the 20-30 cent range... petroexplorer said the reserves would dry up... and the operator just said they added 100% more in reserves... hell they keep finding more oil and gas and the wells are better and better then ever expected, oh and the operator is saying they are ramping up drilling there this year!!! BIG time... and NWX gets a no risk GOR on the best land there... right now NWX is getting paid about $10 mill a year... on a $30 mill market cap... so they pay out the cash but their are others wanting to own that GOR... so expect a hostile bid at say double the share price when it settles out.