OTCPK:OEXFF - Post by User
Comment by
ditchdigger251on Aug 30, 2018 11:35pm
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Post# 28546939
RE:RE:RE:RE:RE:RE:RE:RE:Mexican Standoff
RE:RE:RE:RE:RE:RE:RE:RE:Mexican StandoffCasperwy, a lot of the verbage and tone in your posts are actually pro-Velvet deal and negative to IBR. That said maybe you're just wanting a quick out and Velvet's the only bird in the hand quick path to a cash out. My take has pretty much always been to focus on getting into the development phase in one piece and then watch the share value take off. And nothing attracts a swing'n suitor with a shiny briefcase like lots of cash....flow. A knowledgeable white kniight could come in now and have a relatively short path to pad drilling development now that the well design and infrastructure are more or less in place but they could be a lot like Velvet and want it all for a bag of beans. If that's the case patience to do the work ourselves is the only real way to create fair value. I could be wrong but you tend to criticize any positive outlook for IBR meaning, to me, that you don't believe they can win on their own. And if a majority of shareholders are that negative then a bag of beans is all that will attract....or worse, a pair of Oilers tickets.