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Magnum Hunter Resources Corp. Message Board

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  • stckmizer stckmizer Apr 20, 2012 2:16 PM Flag

    WHAT AM I MISSING

    PROFIT.

    The company has never managed to show a profit. 14,000 BOED and they still can't show a profit.

    Gary Evans likes to spend money. Look at the amount of debt and the number of c shares issued in the past 6 months.

    Long term this could be a good thing, or the recent deals they are doing could be huge rolls of the dice which doom the company.

    Upcoming earnings next month are going to be a disaster. Anyone can crunch the numbers and see this. Again, the company is making more money, and spending it just as fast.

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