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To: Micawber who wrote (107504)4/18/2012 5:45:48 PM
From: Mark MandelRespond to of 114385
 
Slow down, r u kidding me?

Have you read the 2012Q1 update? Why on earth would he want to slow down a 38% increase in production over 2011Q4? And, to top it off, that's when he had to slow down the NG production because of low gas prices.

This market doesn't seem to understand production, it's fixated on only the debt that's being incurred to fund expansion. How else does he grow the company other than organically? Issue more stock to pay for acquisitions? Sure, then we can complain about dilution, right! jmho.





To: Micawber who wrote (107504)4/18/2012 6:12:46 PM
From: upanddownRead Replies (1) | Respond to of 114385
 
When I heard $311 million, I expected a huge increase in current production but we get maybe a 1000 bpd? Hundreds of drilling locations added but they already had about 500 drilling locations in the Williston.

I just don't understand how this could be quickly accretive with such puny production being added.

Does this push further into the future the day when this company actually starts making money?

I am really getting tired of Gary and his empire building.

Making a profit would be the best way to fight off the shorts.



To: Micawber who wrote (107504)4/19/2012 1:44:56 AM
From: SpekulatiusRespond to of 114385
 
re MHR

To add to it, the analysts are now setting price targets at where we were a few weeks ago.Evans just needs to slow the hell down and grow by the drill bit. Investors are getting tired of hearing him say that, and then he goes off and spends another couple hundred mill on an acquisition.Do you have a business plan or not? WTF is it, Gary?
I think these are the right questions to ask. MHR more and more looks like a rollup, buying assets for whatever it takes. Those rollups can work, but in most cases they do not.

If you see it the way to described it in your last post and the actions of the CEO don't make sense, you should sell your shares, imo.


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