oilexco mistakes !Well being somewhat of a novice at the oil game I have been reading lots of material and this board ! I keep hearing that the company shouldnt make the same mistakes as Oilexco did so I thought I would look into see what took down the mighty Oilexco... I am going to post this link that lists the mistakes ect. that caused Oilexco's demise!
https://www.oiledge.com/n/Insight_The_collapse_of_OilExco/cca80319.aspx
Do we have any of these symptoms that this author lists as being warning signs?
On a side note I reivested in IAE today for the third time the first two times were good to me hoping this third time is even better however I am cautious and know I really should be more knowledgable about this industry then I really am to make a better judgement of the companies buisness so I appreciate any help in that manner with the imformative posts made by several on this board.