PRD Energy Inc PREGF

RE:Who cares about Casey?

[dimebag]

Honestly , I bet there are a lot of people here who do care what casey says since many people are holders based on casey's promotion and advice.The first several posts from last night and today referred to yesterday CER letter so to say who gives a $h!t may apply to you but clearly not everyone here.Several people have commented on caseys past poor performance so to totally disregard that fact and assume they are 100% on the money here might not be the best plan.Your other points are all valid IMO and maybe you are a seasoned vet at this but for sure there are others who are not and might be naive as to just how risky this sector can be and how brutally the market reacts to bad drill results.People routinely get wiped out betting on drill results.Or rich,but more often,wiped out.It's risky business plain and simple .This was posted the other day "i just opened an investment acc and subscribed to cassey energy. i should be able to start investing by tomorrow. is it to late to jump in on PRD..".No offence at all to this person but it's pretty clear he's a novice.I don't see anyone denying there is potential here but there's not much "useful information" anyone can post when they haven't even finished drilling the first hole yet.It's just speculation at this point.I'm not a drilling expert by any means but when they have to drill 1200m before going horizontal after failing at the planned 660m due to soft clay,i have to assume they don't know the geology that well yet.Is that the only unknown?Are other surprises possible?Of course it takes time but people are talking as if this is in the bag and it ain't.Plus, it isn't cheap anymore with a MC of what,150M now?Money almost gone and the first hole not finished.Seems rich to me.JMHO