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There’s some on here who have a lot higher averages because they listened to the rampers supremo Mr. Positive, Oilbell etc. who told them they’d never get in lower than 12 or 13p. They took their money and ran off to other boards to ramp away.
Never trust anyone who encourages to buy and hold - there’s an agenda there.
Wild, wonder if that constitutes a “sensible negative post” ?
Yes, wonder why Matad is not trusted anymore. They have spudded but it seems now we have a slight caveat that while they have “modified” the rig we’ll have to hope it can continue operating till they reach TD. Wouldn’t have been a problem of they had started in Sept as was originally stated.
Oneruleforone,
All you do is wait for certain people to post and then jump on them with a one line put down.
You are a proven idiot and contribute nothing. You cannot never be right or wrong because you never say anything.
Ojay,
You posted (before SL results) that you would consider Matad falling down on the job if SL turned out to be a duster and they didn’t drill WH this year.
I actually defended Matad replying that I wouldn’t fault them if it was a duster as we all knew it was a gamble. I feel the same about WH - but what I do want to see is them drilling this year.
So, if they don’t drill, I’ll be joining you in a “negative” post.
Gatto, I was replying to Proselenes who asked me how many shares I had.
I couldn’t care less if you think I hold shares.
Ojay,
“You’re not invested here” or “looking for lower entry” is the standard reply here.
I’m not exhorting anyone to buy or sell here - it’s a big gamble. I’d like to see the drill go ahead and have a nice big oil strike (positive) but on the other hand I’m also prepared that they might not drill this year, if they do drill it might be a duster or they’ll have another placing. Call that negative if you want - to me it’s realistic - see the positive but also the negatives.
Proselenes, for someone for doesn’t care what the SP is you sure make a lot of posts telling everyone Petro Matad is the best thing since sliced bread.
You’ve only been holding this share for 3 months so hardly a long term investor LOL
Investors are not “fools” to sell - they make a decision to either cut their losses or make a small profit.
Could be kinda funny remembering their posts - unless some poor hapless soul actually listened to them.
And here we are on the cusp of drilling the “beast” and they’re nowhere to be seen - they took their money and ran off ramping somewhere else - there’s a lesson here somewhere Lol
Wonder where Mr. Positive, Oilbell, Bladderman et al have gone ?
They were such prolific posters - and I mean prolific ! nothing better than Petro Matad - best company on AIM - you wouldn’t want to be out of this share - fully funded - 100% owned !
And then they all disappeared !
Who knows if they will drill Wildhorse or not this year. Wouldn’t surprise me at all if they erect the rig and then say the winter looks colder than normal and they’ll leave it till spring. I’m keeping holding while realizing the SP could be halved if this happens. Each to their own.
While there are places rigs operate through winter eg. North Dakota, Alberta at temps -35 to -40C the Matad CEO has told us that their rigs are not winterized.
They say they can drill possibly through December if the weather cooperates - don’t know at what temperatures they would decide it’s too cold ?
I agree Oiler87 - no pics of completed site, etc. is worrying. I’m inclined to think though they are planning to drill - they’ve brought the rig there - can’t see they would go through all of this if they’re not going to drill. Question for you or others - can they assemble rig and let it overwinter if conditions not good.