RE:Where do we go from hereLOL Oldnagger. Selling land seems to have been impossible. The next catalyst for Crew and others is to get the Blueberry River First Nation issue resolved, but it is in the governments hands.
Oldnagger wrote: My guess is that nat gas holds above 9 USD at HH for the rest of the year. that should give Crew about a 20 % return till the end of the year when the evil hedges fall off and debt levels are much more reasonable. Then drilling can recommence in earnest .
Normally that would be okay by me , but GNGG had to go and spoil all our fun by mentioning that none of us are getting any younger. Hence I think Crew should take a look at selling some unused land.
Apparently Kelt management are looking at this option ,which may explain their recent share price rise. Being mostly debt free Kelt wants to pay it out as a special dividend. In Crews case, I think it would best go to debt paydown. It does not have to be right away, As long as the money is coming , Crew can get back to business !!