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Alamo Energy Corp. Message Board

  • clarkpetersen1944 clarkpetersen1944 Jul 27, 2012 8:43 PM Flag

    future of ALME

    The company is at a nadir in terms of cash on hand. But I believe those annual losses will start to disappear now that the Hubbard 1-H wells are producing. It will take a while, but if crude oil revenue shows up and ALME's loan sources don't dry up (and I don't think they will), there's nowhere to go from here but up. ALME will get further funding to finally do 2-D surveying on their UK blocks. DavidRyba80.

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