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Microcap & Penny Stocks : Rat dog micro-cap picks--now moderated -- Ignore unavailable to you. Want to Upgrade?

To: Condor who wrote (658)4/19/2004 11:49:33 AM
From: George Burdell  Read Replies (3) | Respond to of 1338
 
No, it's around $500 mil now. Tons of shares although >50% insider owned. I was trying to say the reserves should take it well north of current levels. That only reflects about $0.30/bbl to the bottom line, based on just the expected JDZ awards. If Gulf of Mexico oil was profitable when crude was $20/bbl, I think they can clear a whole lot more than $0.30 with crude at $36.


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