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Crimson Exploration Inc CXPO



NDAQ:CXPO - Post by User

Post by siempre33on May 23, 2009 1:37pm
298 Views
Post# 16011501

I like Crimson....

I like Crimson....
mi amigo likes Rubiales....

You like large with huge potential, I like small & highly leveraged....
 
I was going over both websites & noted that even with their rate of growth, PRE won't catch up with my little gnat of a co. for quite a few yrs., on a per share basis for production....
 
you've gata look at the numbers for both to see what I mean...you have a co. 50X bigger producing maybe 15X as much oil....as most oilers have done, CXPO cut back production with the drop in poo, but will scale up to at least 10,000 bls. as oil increases....additionally, consider the 6.44 million shares in the float....if you were to buy 644,000 shrs. you would own 10% of the co.; the same number of shrs. of PRE would give you approx. 0.02% ownership....that's what I mean by leverage....CXPO can ramp up [or down] very quickly....guess I like those two edged swords....LOL..

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 here's what you're forgetting about rubiales- it really only got started in 2004- a bunch of guys who left the venezuela oil co disaffected with chavez- their next goal is over 100,000 bbls/day production- these guys don't mess around
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