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Message: Re: The more Hydros we hit the lower the stock price goes ??
2
Apr 24, 2008 04:27AM
1
Apr 24, 2008 04:43AM
1
Apr 24, 2008 05:12AM

further to this point...

picked the brains of some research pals. Generally before the big boys(inst) consider cdn O&G juniors for their clients they look for among other criteria:

1 successfull completion of test well(s)

2. estimated resources by way of 51-101 report( this sparks the interest builds strong sizable bids) increases buying pressure. this is usually results in sizable SP increase.

3 bring well(s) into production minus blowouts, secure transport(pipleine) Flow it out the door.

So BC and the boys are going a different route skipped step 2, put a test well into production. Problem is for how long ? will it produce for 5mths of 5 years.

Sometimes unconventional methods payoff.

For myself, with this new info I understand why our SP is where it is.

F

1
Apr 25, 2008 08:48AM

Apr 25, 2008 08:58AM
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