re: paying up as yogi predicted
My research into this one shows that all the infrastructure in the cherokee basin is know in place. As wells are drilled (and theres plenty to come before Xmas)this company will be spitting out cash at quite a rate depending on flow rates. Hence why I think December will be a big month for this stock. The news flow around that time should be good and everyone else will start to see how undervalued it is. I mean if its earning $4million plus ( could be way higher)and has a market cap $13m where is it headed? Think about it. The smart ones should be getting set now. HOW SMART ARE YOU?
RFE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held