Member Info for Ojay

See it as you like and thx for your interpretation of "my role" on this board. Looks very much like you've got a grudge against me. I can deal with that as this is not a popularity contest.

Again: Please elaborate on how much value you (yourself) believe to bring "at Board room level" as opposed to the "Geo's".

Spainish: I don't expect you to know who you're talking to; opposed to you I would never put that forward to make my point. I would call it imprudent feeling the need to pull rank on this board when unable to make a point.

Offending other posters on this board with statements like "limited intelligence" doesn't really make you look good (especially when you say you "respect everybody's views"). Luckily, most posters on this board understand very well what is going on - so may I suggest you don't insult their intelligence.

Spainish: Please elaborate on how much value you (yourself) believe to bring "at Board room level" as opposed to the "Geo's".
Personally, I would recommend anybody to keep clear of those type of statements.

Wow! Looks like my post ruffled someone's feathers!
Sorry to say, but you're not the only poster here. You'll just have to get used to the fact that not everybody agrees with your posts. Clearly, I am not the only one.

Manro: In that case you should consider bailing out. There's simply no point in remaining invested if you don't believe in better times. Being a LTH means being patient - clearly not everyone's cup of tea.

Spish - it makes more and more sense every time I read it. Don't get your point - if there is one.

Spainish: I guess it all boils down to what your investment strategy looks like. If your strategy is based on short or middle term returns irrespective of the company you're invested in: I fully agree that PM has been (with some exceptions) a disappointment (at least until October this year). I also agree that PM's incentive plans, operational schedule etc. etc. must support your investment strategy - otherwise you'd surely prefer to bail out.
However, if you understand and believe in PM's potential going forward and are willing to bet on its success - even if it takes longer than what a short (and middle) term investor's ROI requirements are - than it wouldn't be fair to ridicule LTHs simply on that basis - would it?
The question is not whether a specific employee stock purchase plan (or whatever) is justified or not. The question is: Can PM succeed in doing what it's supposed to do. To me it looks like the Mangolian Government and its long term investors believe in PM's potential, strategy and efforts to get there.
Merry Xmas.

My 2 pennies worth: I understand Manro's posts in a way. They're emotional and well meant.
On the other hand I would agree that they don't translate or contribute "to a reasonable discussion" on this board (as mentioned by persistent).
But then again it appears that LTHs often welcome these type of posts even if they don't add any visible value.

My take would be: Let's try to be mild mannered and accept "silly" posts as long as they don't obviously display a hidden agenda.
Merry Xmas to all!

of hearing "the SP has bottomed out" I can't help noticing that there's quite a bit of resistance at the current SP level. All I can say is: It's about time! Considering PM's achievements (late) this year it wouldn't make sense to anybody to see the SP slip to levels reached in December a year ago. The SP shouldn't be in the 3s at this time to begin with!

I understand it must have been be tough on you to put this in words but I think I understood that - according to your opinion:
"Petro Matad will offer excellent opportunities over the next 6-12 months". Now that is a good start. Having said that, you may actually be able to find some positives regarding PM going forward.
Good to have a PM-positive poster around.

"would of" (= would have); seems you need grammar lessons in English.

Well then C/S: As you are not invested in PM (although you have been in the past and heavily as I recall - even before they hit oil!) then please explain to the board where your interest lies with PM. I'm sure it's not just the short term volatility you're interested in.....come on: let us know what it is that makes you so keen on monitoring this company and its share. There must be something extremely appealing about PM that forces you to stick around. Sorry, but it appears that a lot of us posters just can't understand your constant presence and negative postings if there weren't anything worth your time.

does anyone seriously and realistically still believe in a placement? If at all, a takeover (attempt) would appear to be more realistic.

Could someone pls explain why PM should encounter problems exploring within their licensed premises? Assuming that PM has adhered to the "rules of exploration" as (presumably) set forth in the license, I don't understand why there should be a problem. Clearly, if PM should have "explored" outside of their licensed premises that would/could cause a problem. If not: What are we talking about?

If this were so AND particularly if it would affect the Heron drilling site PM would have to immediately inform the investment community. This does not sound true to me.

what the driver for selling at these levels is. At the same time it's difficult to see why the buyers are not be jumping in (in hoards) at this SP level. If only I could….

Gary - thx for pointing that out.
Particularly the 320,000 homeless people figure is shocking and certainly something we should all be seriously thinking about especially during this time of the year.

Why don't you ask Shirley? I'm sure she will have full comprehension for your "issues".
BTW: "...how can I just ask pm?": Talking about "insecure"! A lot of posters do it all the time - go ahead and ask - in your case it will clearly be a new experience!

Probably a non issue - but why don't you go ahead and ask PM (as if this board were the place to ask)? I guess you're just trying to spread fear and uncertainty (as usual). Go ask PM before you come back on this.

What about PM?
Hate to rain on your parade but it appears you're trying to change people's investment minds on this board. Pls promote those shares elsewhere.