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Dross has no ulterior motives: Just like Jesus, he tries to save people. The man is Saint!
Lesson 1
Bashers never bash bad stocks. You can watch the board for stocks with no potential. You’ll see pretty quickly that those stocks don’t have bashers. Bashers only go after stocks that are going upwards or have excellent potential to go up. Bashers get left behind, so they want to bring the price down.
Lesson 2
Bashers bring up old news that you have heard many times. All companies always have a few bits of bad news. The basher will post these bits over and over again. The stupid basher will try to make the old news a bit fresher to try to fool you. Don’t be fooled!
Lesson 3
Bashers post many times a day. They try to wear you out. They comment on everything, every other post, and can answer every question. To hear them say it, they know it all.
There is no positive comment they won’t bash. They try to control the board with their negativity. If they seem to be working on this one stock full time, that’s because they are! Even more than full-time.
Disc0verer
Fair point - Bonasse appraisal wells it is from now on. No personal gain or ulterior motive involved though, just trying to save potential newbies from the local rampers and the local rampers from themselves. Not trying to call it either up or down, just trying to call it right. Annoyed that that pesky Leo Koot isn’t letting me have a Q2 update to get my teeth into though!
Just wanted to make some points and observations having been keeping an eye on the board recently.
-One poster comments that they have never seen anyone get so excited about a 2200 ft well.
-This person seems to completely miss the point that the more interesting well is in fact Saffron which, is to a TD of 4500 ft... and to a completely un-produced reservoir level within the SWP of the Lower Cruse member (I say un produced as it has been penetrated and tested in other wells! Downdip in UBOT-1 in fact which found it with shows and minor production
-Another poster seems to have decided they are working for the company and has changed the definition of the wells.
The company plans to drill two wells both of which have a primary target which has not yet been tested within the Bonasse field. Saffron to the Lower Cruse and Clove to an untested sand deeper in the Middle Cruse than Bonasse 8. An infill well by definition is one which has been drilled to improve sweep efficiency within a field, kind of hard to do that when you don’t actually know what the characteristics of that reservoir is e.g. extent of hydrocarbons, production rate, fluid characteristics.
Clove is most certainly not just an “Infill Well”, it is an “Appraisal well”. Saffron is being planned to appraise updip of UBOT-1 where there were oil shows and some very minor production so it is not a pureblood wildcat exploration however it is an appraisal well with a level of risk attached (albeit a fantastic Geological CoS). Interestingly the definition of an Appraisal well according the the Resource Management Regulations is as follows:
Appraisal well: exploration well drilled to establish the extent and size of a petroleum deposit that has already been discovered by a wildcat well.
This poster evidently likes to attempt to mislead new investors by altering the information in the public domain for some form of personal gain….
This is an exciting time for CERP and I am sure everyone is impatiently waiting for the September EXPLORATION drilling to start (where LK wants to drill both wells). Funny how as soon as the SP gets blue this BB suddenly becomes full of people attempting to shout negative ideas… Of course people who hold a share will look for positive things, that is their prerogative however, I will never understand people who just post negatively especially when they claim to have no holdings. The amount of time they spend makes it clear that there are ulterior motives involved.