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STW Resources Holding Corp Message Board

  • jetsjr5656 jetsjr5656 Jan 29, 2013 7:41 PM Flag

    NEW news

    With the two releases, it looks like the company can start experiencing some positive cash flows. anyone willing to hazard a guess when these might start--and--has anyone estimated the total from these projects. With the Cline Shale in play, one has to think there will be increased demand for what STWS provides--especially with the lack of water for fracking purposes---so this company won't be idle. I look for big things from these guys!

    time to sit back and watch!! GLTA

    Sentiment: Hold

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    • I like what I have been reading about the company, the joint venture and the recent projects. I live in Odessa and am in the business of supplying material to the drilling companies and Oil companies. The Cline shale will be huge; even rivaling the 40 billion barrel reserves of the Balken in North Dakota. Water is and continues to be the primary issue for the drillers. Over one million gallons per well being drilled. The cost of water just increased 40% year-over-year for my apartment complex and many others in the area. This shortage coupled with continued drought conditions, now added to the anticipated increase of 100 - 200 thousand in additional people moving here over the next two years will bode well for STWS and their products. Hang tight and watch it move to 50 cents by year end! Buy an any sizeable dips for the next few months.

      Sentiment: Strong Buy

    • I would guess revenues will begin in Q1. With 2 other salt water disposal sites possibly coming on line in Q2 or early Q3, and each of these sites growing to eventual cash flow of 6m each (FYI there are hundreds of salt water disposal wells in Texas) and with the Black Wolf JV growing to 3m a year by year end why shouldn't STW see more than $15m in revenues this year. Without other projects that might yet be announced. There should be more clarity on these numbers in the filings that are hopefully coming very soon. Back up the truck below 15cents.

      Sentiment: Strong Buy

0.0274+0.0024(+9.60%)May 27 2:20 PMEDT