Black Dragon Announces February Production
16 March 2011 - 4:59AM
Black Dragon Resource Companies, Inc. (Pink Sheets:BDGR) announced
today that February production was off due to bad weather, there
being fewer days in the month, and being unable to pick up loads
due to bad road conditions. The only bright light to February is
that the gatherer only paid $85.651 a barrel. Hopefully in March we
will receive a higher price on those loads that weren't picked up.
Black Dragon shipped close to 1600 barrels gross, and had around
800 barrels not picked up. This should help boost March's
production.
Company President, Mr. Thomas Neely, stated that Black Dragon's
financials are under final review and should be out no later than
next week.
Forward-Looking Statements - Safe Harbor:
Certain information discussed in this press release may
constitute forward-looking statements within the Private Securities
Litigation Reform Act of 1995 and the federal securities laws.
Although the Company believes that the expectations reflected in
such forward-looking statements are based upon reasonable
assumptions at the time made, it can give no assurance that its
expectations will be achieved. Readers are cautioned not to place
undue reliance on these forward-looking statements. Forward-looking
statements are inherently subject to unpredictable and
unanticipated risks, trends and uncertainties such as the Company's
inability to accurately forecast its operating results; the
Company's potential inability to achieve profitability or generate
positive cash flow; the availability of financing; and other risks
associated with the Company's business. The Company assumes no
obligation to update or supplement forward-looking statements that
become untrue because of subsequent events.
CONTACT: Black Dragon Resource Companies, Inc.
Investor Relations
318-995-0404
Black Dragon Resource Co... (CE) (USOTC:BDGR)
Historical Stock Chart
From Aug 2024 to Sep 2024
Black Dragon Resource Co... (CE) (USOTC:BDGR)
Historical Stock Chart
From Sep 2023 to Sep 2024
Real-Time news about Black Dragon Resource Companies Inc (CE) (OTCMarkets): 0 recent articles
More Black Dragon Resource Companies, Inc. News Articles