You are correct. Shorts are those trying to buy cheaper will bash and make up #$%$ like Mike, Noliver TD grhreality the anti oil activist..........
You should buy common because GRH will reevaluate the preferred, you can't expect 100% dividend. Both are way over sold and incorrectly brought down by low oil/gas commodity prices,
Fillip cheap is correct.. sellers will regret.
MHR drops have wrongly effected GRH valuation. Business is still good positive developments happening according to Oct 5 volume and the latest CC.
No one is talking about Richie Hunter opening this week or next and 2 Mills Hunter massive wells?????
Mill now has Four Wells on line which have higher EBITDA
for disclosing barging approval or company secrets
hence huge buy orders around 30c 150,000 shares bidding
93500 shares yesterday. they are selling at the bid to cover and trying to steal your shares
plus MHR may have deal to restructure out of court and sell pipeline which will means MHR will drill 50 wells and GRH gets all the water business
Sentiment: Strong Buy
Federal court blocks Obama administration's fracking rules
Jacob Pramuk | @jacobpramuk
26 Mins Ago
A federal court on Wednesday blocked an Obama administration rule putting stricter standards on hydraulic fracturing on federal land.
U.S. District Judge Scott Skavdahl issued a preliminary injunction on the grounds that the Interior Department did not have the legal authority to issue the rule. The controversial practice, also known as fracking, directs a high-pressure mixture of water and chemicals into rock to release gas
Q3 and q4 will be worth holding your breath for....Q3 should be 20 ,000 plus per day for 1/2 he qtr. not the 12,600, from q2. Q4 will be 30 thousand a 150% increase in business, FACT
A few shorts bash everything, some bitter longs and hacks that follow with no skin
TD is GRHreality and uarnusus an rippingstocks nonmorliver is a jerk
Ritchie is complete waiting 6 months for a signature that the max time.
Mills 5# any day.. that's the gusher 7 to 8K a day the total will be 15,000" new" barrels per day
Mills 6# ? (: all above the old estimates
down 70% when business has doubled. the double is nearly pure EBITDA
new contract coming
MHR blockbuster drill program 51 new wells
Two new wells are 50% higher than all of GRH disposal business combined.
Piped to the Barging center .. NO TRUCKS
Hence the huge JUMP in EBITDA
News today and during the next two weeks.. all excellent , They will update share holders because of the unnecessary sell off as they have done before. Mills one and two have been open long enough to prove the volume is there as is well #5 & #6.
6 out of 12 wells piped no trucking cost. but these six are more than 60% of all revenues.. GET IT..
Yes its sad this has sold off ; a short dumped at the open and panic ensued. Lack of opening Mills on a timely basis also has hurt but with in a week #3 the gusher will open. Call Rick Simmers Chief Ohio oil and Gas:) its on his desk for a signature (WELL 3# passed inspections and Andrew Adgate has signed off #$%$'t Chief. Call or wait for the 50% to 100% run to pass you bye.
I hope you longs for fortuitous enough to pick up cheap shares
Rational: this should never have sold off from the nineties when the BAM deal was done, with Mills on the way. But Rick Simmers really hurt this company and should be sued. for delaying the sign offs. All is well even though their is PANIC.
Sentiment: Strong Buy