I really don't want to toss out a number. Just giv
Post# of 39368
I really don't want to toss out a number. Just give me time to get around to the wells and evaluate everything. I want to see what is going on upfront and in person. I hope to speak to the drillers and get a feel where we are, what is the possibility of increase, and the downside of each wells in production.
TRRC reports are good, but you can't get a forward looking view. I tend to put way more emphasis on what's in front of me rather than using the rear view mirror while driving my stocks. The mirror can be very helpful because it shows you where you've been. But it's no way to buy a penny stock. That's more Ben Graham and value investing which is far too boring for me.