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San Juan Basin Royalty Trust Message Board

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  • urgoldnomore urgoldnomore Nov 11, 2005 11:17 AM Flag

    EGSR (OT)

    Yeap - me like! any guess of a 1 year out price for EGSR.

    Admittedly, I blindly hopped on this bandwagon and have been happily surprised.

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    • As Energas President, George Shaw, has said, "We continue to believe that 2005 will prove to be a landmark year for Energas, and that 2006 will show tremendous improvement in all relevant metrics: production, reserves, revenue, cash flow and earnings per share."

      Benchmarks that can help the stock in the next year are:

      1. Successfully getting the 23 wells on the Parkway Project "behind the pipe". (Don't ya love it when I talk dirty.)

      2. Releasing positive results from the Truby #1 well in Harper County, Kansas.

      3. Securing a rig, and finishing the Eagle Ridge well in Wyoming with a successful outcome.

      4. Reaching positive cash flow.

      5. Reaching profitability.

      6. Reaching a non-adverse arbitration settlement with G & G.

      The BIG question at this point could be less about weather EGSR reaches $1 plus, but whether it gets there before there is no longer a GM around to manufacture KH's Corvette. Lou

    • This little LOVELY (EGSR), keeps moving up !!!
      When those PR people get around to announcing the
      "NEWS", look for above $1.00 by years end !!!!
      We should have a MERRY CHRISTMAS by HOLDING !!!
      Go EGSR, you are the little train that "Could".

 
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