Post by
farmerman on Oct 16, 2014 8:36pm
Best case senario
They are hedged, hit 2500 BPD have Broken-even at the plant
Showed this to the bank as a look see
Have raised the money to drill Senlac and possibly the infill wells
we see something better than .02 per share maybe .03 or .035
sigh
Worst case.
.005 and Byron Lutes resigns
Oh sorry
I meant stays
: )
Comment by
bmeister2 on Oct 16, 2014 8:56pm
Can this company survive. What do you think? I don't want to put good money after bad,but it either becomes insolvent or goes up.it can't go lower,
Comment by
wittmann on Oct 16, 2014 11:21pm
Do you go to Vegas BM? Those are the odds.Remember that this company failed over the last many months to get favourable terms with its Strategic review.Cr--a-p shoot at best. STP at first,was one of the most honest and forthright company's that I had ever invested in though ..but after the wheels fell off .......... PS it sure aint no BNK :)
Comment by
bmofoshizz on Oct 16, 2014 11:57pm
I don't go to Vegas, much. But I have a good handle on the reservoir challenges at McKay, and they are manageable with the ICD's and some time. Will STP survive? Tough to say as they are running low on time, and headwinds in the oil market aren't working in their favour. If I was a gambling man though, I'd wager that the 15M buyers today will make money on their purchase.
Comment by
chopper3245 on Oct 17, 2014 12:49am
Hard to believe this stock is trading at 2 cens today...What ever happen to $3 to $5 predit by that idiot Eric Nutall...Lol