RE: success at WH would bring10 Nov 2018 15:26
Latino, you are wrong, mate. There are many LTH or majors as you call, including me. The oil business is a very risky business, but it is also one of the most lucrative. Two main factors that play a significant role in whether or not it is worth risking your capital are these. The first is where the search is going and the second who runs this business and whether these people can be trusted to use your money. And this second one, extremely important, but very difficult. But if these two factors converge, then any amount can be justified to invested unless the loss turns out to be a catastrophe for you. I, as well as many other LTH are sure in the presence of oil. But it is very difficult to be sure in the second factor. Personally, I have great respect for Mike and I belivie that he is a great expert in this field. But, is he really such high professional or not the results will show because the practice always is the criterion of truth. I can say that I decided to take a risk and trust in Mike and his entire team and hope my risk is justified. Well, if not, then of course I will survive and even save money for the next investment in Mongolian oil. But this one only when there would be a team of professionals whom I can trust 100%. But imagine what could happen if Mike and his team will soon become for us (not only for us but for entire world's O&G sector) such of most trusted professionals? And that is what I want to happen to all of our true Matadors: to find soon ourselves in such a wonderful reality and continue with Mike our renewed and much more powerful oil business in Mongolia.