sorry but I cannot stomach the pack of bs'ers this is working out so well for them
I cannot imagine still begin short and not feeling uncomfortable with what could happen to the share price.
Correct no break on anything, they were offered to roll the defeasance into the new loan. They still had to pay for a new appraisal and some other legal costs for a total of about 50k for everything.
Vertical are very inexpensive to drill and to do 700+- on a choke is very good.
Any idea of horizontal drilling and faccing costs over there.
Yes show the enemy a photo of lerner and they all begin to immediately throw up, such cruek and unusal punishment it needs to be banned from all warfare. Operation ugly b.tch
First I see you all over the NBG and EGEY board buy sell buy sell, crazy one you are.
First all my shares are in a taxable personal account not an ira so I do not trade that account otherwise taxes so I look for great long term sold plays.
From $5.20 to over $10 in two years add in the divies as stock which also almost doubles and you are looking at over 55% return for each year.
Thats how you get rich not by chasing dreams doing crazy trading and charting but buying solid co's that were hit hard and really had great fundamentals. Everyone thought SAN was Spain only.
When they hit $20 by ye 2015 my original 52,000 investment will be worth over 250,000 with stock divies added in. So from 52 to 250 in 4 years and whats in your pocket pal????
Arggg little old lady am I.
They mentioned Carbo Cermics it has been around a long time they manufacture special ceramic pellets for fraccing. The stock has done amazing.
As of now I see no new sand co's with any meaningful production coming online.
First the quality of EMES's, HCLP and SLCA's sand is proven as top quality sand, they have proved they can produce and deliver even in terrible winter weather. They also have the contracts with the rail roads and have the rr cars. SLCS even manages many rr cars for the big oil co's.
The larger co's are seeking out long term sand contracts which tells me they know that there will be limited production for new sand mines and want to have a guaranteed supply.
I guess you saw my Mike Dotcom posts, he just echos the party standard which is so wrong people forgot how to think for themselves.
Although I like a good party I am not a single political party person. .
I really think that the old mayor of Boston Tom Menino a die hard lib democrat was one of the best mayors we ever had. I also kne whim personally before he was mayor and he was a gentle kind hearted person who cared about people and not what it could do for him politically. The current governor of Massachusetts I cannot stand its all about politics and not doing the right thing.
As far as presidents go O and B are two of the worst presidents we ever had, Bill C seconds term was very good and Reagan was in the top 5 of ever best presidents.
See I swing both ways.
I owned all three and yes you know my current thoughts but it i always good to review any investment thesis.
Looking over my old #'s I am still convinced that HCLP should be able to increase their distribution by an additional .75 to .90 per year making HCLP have a $3.00 distribution this does not consider any new mine purchase. My only problem with HCL which is really not a problem but a very conservative business decision is their long term sand contracts cover most of their production which pretty much limits upside but it gives a solid predicable cash flow.
SLCA as a C corp pays a modest divy and will have new mines opening I think they can earn 3.50 per share by ye 2015.
Lastly if there ever was an idiot proof investment I think it is buy any fraccing sand co and you cannor go wrong.
Read the new SeekingAlpha article on the MTDR Matador energy page by Mike Fillon about moe proppant etc. also go to the HK board and read about their new well designs lots of sand.
Good luck to all
They can raise prices for their billboards ads and buy competition.
Less people more revenue is great.
Also read about their expansion plans.
Lock in the mortgages ahead of the rush. Wells knows these properties so for them it is easy $$ no brokerage fees as it is just really an extension with a new appraisal.
You know rates could even be less than 4 1/2 in 2 years???