Totally agree with your last post. Chrisoil says he doesn't post much due to derampers but is going right out of his way to post his blog details here, iii and advfn. Hard selling, makes you wonder why?
Laughable some of the comments which have been made. The company wash their face at $25 a barrel? If only that were true.
lambini, please count me in. Whilst I am not a happy investor here I am nevertheless an investor. probably not holding as many as you but still a fair chunk for me. Notable posted here about the negativity on this BB a few days ago and he is bang on about that. I still will read the board but much of what is posted here is drivel and repetitive bashing.
Do you have to register with ADVFN to hear the podcast, i see a play arrow but nothing happens. It may well be my computer as I have been using my daughters laptop but she has finally left home and I have had to dust the cobwebs off my office desktop and it seems that Windows XP doesn't work with most things anymore and the machine is incredibly slow
Waste of time BTC, you are talking to peeps who either have very limited knowledge here or wear rose tinted specs and dont want to know whats happened before.
Same with the new group with two or so members - they say that they want a new group as negative sentiment here could put off new investors - so whats the plan - move all 'positive' news to a private board and make LSE BB an even higher percentage of negative posters to put off potential investors? Defies logic, why not just share all the positive research you have here and destroy any 'basher' or 'deramper'. There in lies the problem - you have nothing? You'd be as well setting up a facebook account so that you can chat about the weather.
I love how most LTH's are classed as derampers, why would we deramp unless we were hoping to buy in for less, i can honestly say i wont ever be averaging down again, the lower this goes the more likely it is of never recovering.
I genuinely think the current SP is a good buy in price for what its worth, great entry with high risk but potential for high gains, if WB proves up with WB2 and WTI recivers to $70+ then you could see your 0.15 rise to nearer 0.4 if wells come in around 200bopd+ and we manage to maintain 30% WI or greater.
Matt should soon confirm if we managed to get any other partners interested, might be difficult in current climate. Matt also needs to confirm if we are now a licensed operative as he's been working on this for some time.
Theres a negative narrative because there is nothing sensible to come out of it. It's taken back in November when Chrisoil was saying that end of year we would see 0.60p from the drill of HP. That didn't happen and even if it did, with the sp what it was would needed to have risen >40%, all on the back of an exploratory vertical well. With rubbish spouted like that why would anyone take him seriously.
White Buffalo was bought for a song. That is even at todays oil price. It was only after it was bought that the big discovery a few miles up the road was proven. Although it was already a known play, but in the same reservoir as ours is a massive boost to value. When the CPR is released for WB it will be way over our Mkt. Cap. Let Matt take all the time he wants, just keep the money rolling in from our current wells to keep our company paying it's way.
Hi Notable. Thanks for your reply. I was beginning to doubt myself but at least there are two of us who feel the same! I'll leave the post up in the hope that others see it and show some interest. At MOG it started of with 3 people and had 20 at the end, So we'll see how/if it progresses. Thanks for your interest.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.