ABRG (formerly AMBY) any news? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : ABRG (formerly AMBY) any news?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Benny-Rubin who wrote (1095)	6/18/1999 1:17:00 PM
From: Bugsy	Read Replies (1) of 1358

Well as far as these 127 wells are concerned I no longer think of this as a rumor.I have confirmed this so I am satisfied it's real. The buyout rumor is just that. We should see some news sometime next week regarding the new wells. IMO the real price will be seen as these wells are put into production and we see the revenue stream. Right now we have no idea what these wells are capable of producing. But these were producing wells not that long ago so they should have some life left. When the price of oil rises back above the $20.00 range (which will be next yr. IMO) the profit margin will rise dramaticly. I loaded up on abrg stock with plans to hold for at least 12 months. Regards

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next