All I will divulge is both my losses and average is far far higher than anything I have seen on here recently which is why I would have preferred the current board to drill and keep reinvesting rather than going for massive dilution to make make a quick buck for themselves with free options and their mates that are no doubt getting buying in at close to all time lows.
The mistakes I made were many. Attending Investor evenings in person and believing the crooks running this scam when they said things including 1) all rigs have been refurbished so the FDP we are presenting is realistic. 2) Texas is for sale and worth $200m (you can still find those videos on the web) 3) We have already found 15-20m of oil in Puntland 4) We have raised $10million to fast-track the Herrera's 5) Georgia & Texas sold 6) lent $8m IOP on a SECURED basis etc etc etc.
There were a lot more lies told in RNS but unfortunately the crooks that run these scams are allowed to get away with it. Bulletin Boards such as RUM and World Stocks were instrumental in passing on the what theses crooks wanted PI's to believe. Look at the lengths they went to even recently to try to persuade us 'Georgia sold'
So forward to today. Learn from the past or repeat mistakes. Do we really know if Rory is a new broom or a puppet of the old crew? Should we believe everything we are told or should we question? Should we be suspicious of what Rory said at Oil Barrel and then what actually happened? Should we be suspicious with massive dilution on the horizon that the old crew just might run away with the assets on the cheap?
Should we assume that you are just the a half wit you pretend to be or one of just a long line of tools used by scammers to spin misinformation on BB's.
The point that Landauslide and his pals miss when they constantly knock my book is the significance of the title. "A beginner's guide ..." refers to the beginner that wrote it not the target audience. It was simply me putting my own learning curve down on paper in the hope that it might help others avoid the mistakes I made. It does not give advice on investing, that was never the intention, it only provides an insight into some of the terminology and pitfalls we encounter along the path of investing. I also use many reference sources for people to get a much more in dept look at the various topics from people who really are experts in those areas.
If any of them feel they could write it better please, give it your best shot but the constant attacks on my efforts, including a very childish and spiteful review on Amazon are the mark of very unpleasant people.
Have no idea what books you have written, Landauslide. Please enlighten as I would very much like to read your book and Celtic's. CH must be thrilled you keep puffing his puffin.
Where's Chennai Pete this morning with news of his average and how his mastery of due diligence has enabled him to do so well with his Range holding. To quote Gary Linekar and Andrew Marr, I'm all ears.
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