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GMX Resources Inc. Message Board

  • sunny_khem sunny_khem Jan 31, 2013 2:04 PM Flag

    Updates??? Not surprising

    GMXR typically report operation and well information during their QTR reports. Rarely does the company report at other time. Historically, GMXR only reports out of the ordinary items in between QTRs. So, I am not surprised by the silence.

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    • Steve and sunny
      I'm in the same camp as you, was off on nat gas coming back up to the 4 to 5 range end of year, forgot to add in the added wind and solar against the coal comeback switching. I still think we are now seeing supply start to fall off and demand rising, starting to come online in the next 6 months from some of the newer chem and fertiliser buildouts will take hold along with the added nat gas electric power addons should be a much better price as the year moves along.
      Still thinking that they are in deal mode.
      Oil prices will help out alot with china picking up speed and the added cash from our oil neting a plus as prices rise for US econ.
      Dog wagging the tail more oil more gdp ect adding jobs adding less down side as eu is at a bottom and moving back up.
      So long and short of it adding on lows and adding on moreto my total

      Take a look at the total short intrest as of late, looks for higher pps as a trend.


    • this statement is not accurate. There have been a few times when the company has given a opperational update in between quarterly reports. Like the report a year ago when the stock skyrocketed. Then there was that report in June. And others.

      • 2 Replies to stevegrogan04
      • Notice I said TYPICALLY, which means usually or most of the time... it does not mean that GMXR does not make operational reports in between. Anything that is "OUT OF THE ORDINARY" would and is expected to be reported at earliest possible. Anything that is regular operational update is NOT required to be reported right away. Most of operational updates have come at QTR or right after along with the 8K filing.... so if you look at your statement you would find that the timelines your talking about coincides with about the time of QTR reports....

      • With the 8K being issued tomorrow on the Payment of the Balance of 2013 Notes; I am expecting a Press Release on the same plus an Operation Update.

        If not; I will expect a Lousy Report on the Lange #2H when it is finally reported.

        Fear not: I will have December "Barrels "Sold" report on the New Wells by approx February 15, 2015.

        GMXR can not hide information for more than 2 weeks.
        The Shadow will know.



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