PRD Energy Inc PREGF

RE:RE:casey video

[dimebag]

I plan to as I said.I don't deny the opportunity but I think many are denying the risk of unknowns there.We are used to a very very mature O&G industry here(assuming you're in NA).They haven't drilled  in 25 yrs.It takes time to establish all that and with Govt red tape,who knows.For god's sake they abandoned nuclear to please the people.Even the Japanese either have,or will go back to nuclear from what I hear.(don't really follow that).I used to be blindly optimistic and think "oh yah,they'll work it all out because the resource is there".Now I have become a sceptic after getting spanked many a time for my optimism.How many huge resources,especially mining, are known to be there yet are in limbo for decades because of NIMBY or govt or use your imagination for anything other reason.Look at NDM and the pebble deposit.Massive resource but held up by a lone rancher,and that's in alaska.new 4 yr low.I'm just tryin to say that where there are unknowns,there is risk.The more unknowns,the higher the risk.Every play has risk.I just want to minimize it.That's all.Maybe this will all just go very smoothly and everything will be roses.If you're comfortable with that then by all means,sell the ranch and go all in.Maybe you'll be a billionaire.