RE:RE:RE:AOGCC UpdateI really like the company but if anyone is looking for revenues to start by
first quarter next year they are living in fantansy land,
There are a lot of other ways to add value to the company though , and it
seems they are getting a good bang for the money they do spend , THATS
if one can beleave what is said in interviews , myself I like to see the balance sheet
grow , dont tell me you hit pay dirt SHOW ME..
Every one here says they dont report reserves on the balance sheet because they
dont want to pay the royalties on the reserves .. ??? , I can find know where where
a gas company in Arizona pays royalties on gas in the ground , only on what has been
extracted ... Taxes on what goes across the state line , sure , 4.6 percent I think , ( ouch )
maybe they want to slow things down till they can sell what they have in state. who knows..
But royalties on non extracted gas , cant see it , if Im wrong PLEASE someone post a link.
I Would love to be proven wrong on that..
Then again maybe it will hit the books this quarter and thats why the hedge funds are making a
big push down for a buy in .. who knows ,, anythoughts??