mad on fire, page-9

Hi All,
MAD still looking strong. Sleekbeak, IMHO, with the production/reserves upgrade due soon, there will be some that will sell on the news esp if the price rises 10% ish on the news. There will also be some that are likley waiting for the report to come out to try and figure what MAD is worth. Obviously reserves are building and with the co drilling 100 or so wells over the next year or two? (cant remember exactly) the reserves will most likely be increased during the next 12 months. So depending on how many wells they manage to drill each month, and the reserves/production they manage to increase due to new wells, its likley that the sp will be supported by the ongoing drilling program. Add to this, the co has added drill rigs to their fleet, its likely that by the end of the year the reserves will be a lot higher than what they are now (even with the upgrade due soon). So once the upgrade annc comes out, there may be a rise in sp, then a dip as some sell on the news but most likely will rebound shortly after. So buying the dips has been a great opportunity and prob will continue to be over the rest of this year IMHO