Oilexco Chart & fundamentals

I thought Art's content was pretty good, 'though he did look a little shifty on occasion. If you believe the story, then this is a screaming buy at this level. OK Muness was dry, and so might Palomino be, but they still have plenty in hand to double the sp once production starts. I would think the reserve update for Brenda, when it comes will really see take off. Edit ( should add: no advice intended.)

Re Pre-Tax Cash Flow, I was assuming it was the increase in cash as per a funds flow statement, ie. net profit with the non cash items added back after allowing for changes in assets and liabilities. I also assume he was talking about a time period of one year from the start of production.