Hi peoples, I purchased a few shares in the last week but must say I am more familiar with mining stocks than gas/oil plays, If someone knows offhand, the target that they have been aiming for by end June, if this rate is reached are we talking about a company that is generating enough money to pay the basic bills excluding more drilling? I am just not sure if we talking positive cash flow or not? If anyone knows that would be wonderful,,,
I will do more research this weekend myself. I bought because I though maybe the share price has dropped as very little news, strength ot Oz dollar,bad markets recently, ect,,,I like the idea of owning gas assets that can expand slowely as I think USA will recover and as it does gas prices should go up just like oil has the past year...
Just my opinion...
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