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Quicksilver Resources, AŞ Message Board

  • MINCE38 MINCE38 Feb 25, 2009 3:24 PM Flag

    what a conference call....... zzzz...

    As usual, after 40 m inutes, I got not much more than I did reading the headline summary on their qtly report. Sometimes less is more. The analysts, ask really smart questions we never think of, but as I listen to managements answers, all the important info is already in that one or 2 page summary available on yahoo to be read in 2 minutes. Cudos to the copywriter. the end of the day, what I got was.....They have more natural gas than God, being drilled at a lower cost than almost anyone else, does every other co have a glut of too much gas and not enough customer that even if production costs were cut in half again which is almost impossible, their cash flow aint going nowhere till gas prices rise......a lot! So this now becomesd a saf but unspectacular investment, especially with 80% of production already hedged! The analysts wont be getting any earnings surprises for at least a year. zzzzzzzzzzzzzz....... I will just hold. Perhaps buy into KGS for dividend.

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