RE: MULTI TCF COMPANY SUB 10m CAP16 May 2025 22:37
Many, far better able and knowledgeable and certainly more sophisticated investors in EOG have tried and tried and tried again, over many years , to ramp EOG and all have dismally failed. The only difference with U is the time period we are in. Enthusiastic at first but U have a lot to learn about the cost and time involved for planning, approving, designing, drilling, testing and IF successfull (30% chance) fully developing to production. You can be talking about 4 to 6 years to get any money back at all even with a farm in froma rich partner. Who pays the bills during that time?? The good old shareholders. Plonker!! So many hurdles to overcome and risks to mitigate on the way. If you're willing to wait then fine carry on, fester and waste your hard earned cash for a few years on this pure high risk lottery. Ramp away!!