SI
SI
discoversearch

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 : EFCR - Energy Producers, Inc. (Firecreek) -- Ignore unavailable to you. Want to Upgrade?


To: seen-the-light who wrote (637)2/16/2006 2:34:42 PM
From: Harold S.  Read Replies (2) | Respond to of 841
 
When it comes to these things I am very much a contrarian. I know Jed had very high expectations, but my expectations are not as high. I undestand and agree with rruff about the uncertainty with the number of shares that ar eout there, but I strongly believe, looking at other start up oil companies that have mad eit big, that what will really matter is the NG flowing and and the revenue that will come with it. IF, a big IF, EFCR can follow through on these ten wells this year, the stock will be much higher than 2.5 cents. I am not saying that all the overseas is going to come through, but if even one does that will be over and above the ten wells. If you don't believe the ten wells wil come through then you are right, never is the best time to buy. But if you believe the wells in ten mile draw are forthcoming then today's panic sell is the time to buy. I hope I have answered your question. I am not as naive as some might think, I know this is a gamble but I truly believe they will open the rest of these wells. Remember, the officers that are holding shares of this company also have a tremendous interest in succeeding...at 2.5 cents adding another 50K was worth it to me. I don't spend money on this stock that I can't afford to lose.