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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: jimsioi who wrote (20250)1/20/2005 4:46:28 PM
From: Brinks  Read Replies (1) | Respond to of 108681
 
Storm Cat I predict all equity. I am tired of small companies taking on "toxic" debt financings.

I need to look but I think they are going to be up to about 100 producing wells now which is pretty good for two months with Zimmerman. LOL

Realize that the 61 producing wells produced represents but 20% of the acreage. So another 80% to go for development

I know CBM companies such as GAXI that have been trying and trying to get producing wells hooked up for long period and have zero. Go look at there toxic debt and bring a puke bag with you.