bearcat bob
It seems these little companies ,keep hitting these gas and oil finds ,but it does nothing for their share price ,another little guy is prize energy ,10 % OF I believe 10 producing wells and more to wells to come ,but they are struggling with a 40 - 50 cent stock ,
Coul it be that these guys put out so much stock at these low prices to finance their exploration that they will never recover no matter how well they hit ,I followed Newport Pet, from their startup , and they were 100% of top quality properties and made it good but now they have got impatient and purchased expensive property and shot their shares outstanding to about 80million , I am long gone there
It looks like Berkley is selling gas from this area and probably shell is too ,,so why are we not seeing some up draft on the stocks of these juniors ,unless we are all just being used , by the master plan .
sam |
