in the macro sense and not try to take issue with the micro aspects -- there are always trade-offs and give backs and a tip of the hat to someone you are not all that fond of but........it is the better path. I am BULLISH ON AMERICA and as I have been saying it will be AMERICA will drive the world back to prosperity - it will return to greatness and leadership in the marketplace. Amercian ingenuity and pride makes us gut it out and innovate and elevate and never deviate from that goal. We are BACK. The US market will rise stronger as will gold. The market is beginning to broaden out and Mr. Market will reward those companies who are strong and getting stronger - like Earthstone. For me - this is a no brainer investment flying under the radar but it will not last as Mr. Market will find it. Just look at the growth of this company and our financial situation. It has not been a perfect world for sure as far as the stock price but Ray has not wagered all our hopes on one or two wells or deals -- he has built it up slowly and cautiously.....minimizing risk for the greater reward in the future. Sure things could still go south on us but........I DON'T THINK SO. We are no poised to benefit from the Macro forces driving the USA and the world. Most small to mid cap oils are down - do your own dd to look at it. Plus we have a stock here with a share count that makes the big boys shy away. This is our game........the little guy. The small float will in time prove to be a great asset and when we are bought out -- which we will be -- we will smile a mile. My point - BE THERE. Boolean
303-296-3076, ext. 102
**come on true -- the truth is he ain't that hard to get a hold of OK. Now that is the......true_truth. Boolean
yes that is the key - to take what they can from it AND more importantly to learn even more about what the potential is as he noted and HAD NOTED on their earlier release on this project. Thanks - you have the background to bring in some solid insights. Boolean
my youngest brother - he will date a gal and then all of a sudden come out with statement like -- " Oh I love your but I just think we need to break if off for now and then add a bunch of other good stuff and then........maybe two weeks later...........there is another car in his driveway as he had found a new flame so he averaged up and dumped the old one and then the two week hiatus = a new room-mate until..........he is bored or sidetracked or whatever and then the story hits again. Well - this is really the first time that Ray has sounded like this and I think he is very very sure that they are going to hit this one or he has another one that is looking solid ---- I will bet that we have some good news coming within two weeks TOPS --- just like my brother. Ray you sly dog you. Don't forget - I am very good at reading people as that is my profession and expertise ---- I say I will be right that good news will be coming..................Boolean
* Also any one who wants to read what happens when a well does not produce right away there are excellent primers out there - even the one from Kansas Geological is very good - pictures and all. That said, true does a good job of laying it out for you as well but this will give you a more defined review.
yes real - you may be correct but we will still hope and dream that the big one comes through.......I still say Ray has something as he was way too much like my brother on this release and I will bet we have some better news soon. With the porosity noted they may well be able to stimulate this and he may have one of his subs telling him they have a solid plan on what to do now. I may be a dreamer but I say there is a new car in the driveway within two or so weeks. Boolean
you can't go by that but I still say that this market is going much higher as we are definitely coming out of the disaster of the Bush years. America is one heck of place to call home -- GO AMERICA and with China now showing emergence out of their little stall things are looking solid. Boolean
Yes my thought as "well" is that the higher energy prices (and with China showing renewed strength it should stay high) will benefit the next Q -- I still want to see us finally hit one - a solid well with Earthstone having a higher percentage stake in it as with Nebraska. I concur that this stock is undervalued but it needs that one positive igniter that puts us into another higher tier of energy producers. Ray says it will be one month before they go back in well - my brother sometimes took 4-6 weeks before he had the new babe come and stay at his house so the game is still on. Boolean
yes - I looked at the map and it is still pending completion - that said the filing is probably not right up to date. I see the field is Wildcat and the lease is 99999........I wonder if KGH Operating is the company involved - they are private out of Billings Montana.
I DISAGREE regarding this whole PR issue - I think it is a bit over done. Mr. Market finds stocks like this and everything they do issue can be found all over the place - just search a press release and you see just how many news ports pick it up and spread it around. We need to hit a solid oil find -one that puts us into that next tier of oil producers. Once this happens we go viral as it were. I don't want Ray out there spinning the company as flim flam ain't what I want as that only gives you greater volatility and not solid long term investors. One more solid quarter and one more solid oil find and we are in kids. It will be the day we awaited. Ray has 3D on over 75 square miles in that region so let's see if he can "git er dun". Boolean
world economies are recovering including the massive gains in wealth in China that is spreading across the population and.........that alone will drive oil needs. Infrastructure investments are going to rise sharply - keep your eye or money in caterpillar/deere/cummins etc. Smaller cap stocks are going to do well. This finally market run will be very impressive - I expect gold to catch its wings again no later than mid October. The USA is BACK BABY -- the leader brought to you be THE PEOPLE who gut it out and git er dun. Boolean
hey unc - I own a lot of stock and earthstone is just a small amount of my total so don't worry I have been enjoying this market run in many ways and will continue to prosper as I am contrartian not a lemming. Now - Earthstone has not worked out in price per share YET - but it has been working out in terms of its overall growth. Ray has done quite well - do you know how many other companies like this die on the road to oil prosperity??? Many unc. We are alive and well and my BIG PICTURE has been right on in terms of the market explosion and it will be again about small caps and gold (in fact on gold we are now very close as today's selling may have been the trigger point) and infrastructure and the rest Who do you think kept telling TROWEPRICE about infrastructure and now they have a fund for it - they must believe as well. Twitter should be a massive winning IPO and should trigger a tech rally. My Yahoo alone is up massive from 12 bucks. I can be wrong but...........I DON'T THINK SO. Don't get too cocky uncle and keep watching - surprises are coming down the oil rig and I ain't frack'n yeah boy. October will be HUGE. Boolean
you made on Earthstone -- farm land - lake property - a chalet in the mountains and a goat -- what did you really buy.......What stocks do you hold NOW. Let me judge a little just how great of an investor you are little fella. Boolean
Quinnesec are nervous -- just trying to remain hopeful that the company does not fold but Quin is still the most solid of their mills so it won't go down unless the entire company goes down.....which could happen the way it is levered - they need this economy to keep expanding and for paper use to rise - capacity is being lowered by others like IP but it is still a tough battle and as noted - this is one fat leveraged company with shareholders compliant to the debt holders. Get a pasty and pray. Boolean
you kids still here every day pounding the table - is Dow still buying 50k shares at a pop. This company is running a NASCAR race with a wheelbarrow but who knows - dow and biggles and all the other alias's he uses may just win in the end..........or it may be the end. Boolean
unless you can't afford to lose your money - this is a long shot bet as any stock at 38 cents but it has a lot of potential due to the space it is in and the stores looking at or using their platform -- the economy is on the mend so if they are going to make it this is the time 2013/2014. I am going to ride this one out and fully expect it to be a solid winner. Boolean
become a stallion as these trials hit -- they are moving out of the developmental stage where cash burn is king and now beginning the move into becoming a real producing company and also one who's stock will rise in value on take over speculation as well as its own organic growth. Boolean
this is how they run this shell game -- Quinnesec mill workers should be scared. That is confirmed.