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Microcap & Penny Stocks : Kelly Oil (KOGC) -- Ignore unavailable to you. Want to Upgrade?


To: privatesmith who wrote (40)12/25/1998 10:51:00 PM
From: wolfdog2  Read Replies (1) | Respond to of 50
 
Ed, when you write that <<there's not enough cash flowing with low gas prices to sustain operational expenses, replace and increase reserves, and service debt for a long period of time in my opinion>> I have to agree.

Since Contour have a large investment in KOGC, I wonder if they would be willing to put in more capital if necessary? Yes, they paid a dollar.

I, too, have no idea of the breakup value, but I'm sure It's some multiple of its current price. Perhaps if others are reading this board, we can get some input.

Ken