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Valeura Energy Inc. T.VLE

Alternate Symbol(s):  VLERF

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora field) and G11/48 (Nong Yao field). It holds a 100% operating interest in license B5/27 containing the producing Jasmine and Ban Yen oil fields. It holds an operated 70% working interest in license G1/48 containing the Manora oil field, which produces approximately 2,935 barrels per day (bbls/d) of medium-weight sweet crude oil. The Company holds interests ranging from 63% through 100% in various leases and licenses in the Thrace basin. The Company is also pursuing organic and inorganic growth in Southeast Asia.


TSX:VLE - Post by User

Bullboard Posts
Post by leverage1971on Feb 22, 2018 12:05am
211 Views
Post# 27599582

Here is what is really cool

Here is what is really cooland really stupid about investing.

1) When you find something big... people greedily want to take it from you.
Now if you want to give it away I will help you. What I would hope however is that you don't give it away, and really why would you? Because 2 guys who created an account on Feb 2, 2018 said so? You have bigger problems if you do.  Hmmm!? Strange that such a forceful group of "pros" would join Sandy Castle around Feb 2nd just days before a Resource Estimate conducted by the same company that does analysis work for Saudi Aramco and STO. Even more interesting is how touchy they really all became after the oversubscribed PP went primarily to 2 players. Do we have some sulky houses now? go ahead and trade your 5.7 shares that are free trading...the two not so sulkies will be happy to rid you of them.

2) The approach to take your shares won't be a frontal assault alone. Take note of December's in house basher Vikingjorsa. From him we had "inside information" that the well had problems, the flare went out. In the end people in the know figured what Yamalik 1 meant... pervasive gas, condensate, overpressured column that is massive and likely bigger than imagined. All of this on the edge of the Banarli land package. Viking as fun as he was could no longer  be effective. The gas was there he had to go.

3) Enter Castleburyplaza and now MJ and JM (professional traders). Notice that none of them use a similar tact. Castle started by promoting sell the open and load the close. Some days would have done you well to follow, others would not. In the end some of us play with house money and our shares are years old... for us the risk is a halt and an offer. Once it was clear that
his tact was losing its sting and people began to put him on ignore, he entered what I lovingly term the "pollution" phase. In this phase he reposts his own stuff, creates long strings of misspelled stream of consciousness babble. What is really cool is to watch him disappear on heavily green days; its like green is soap and he no like to bathe. No worries not all days are green and so when its red he ripens in all his splendour!

4) Where it gets really interesting is when "soft bashers" slide in somewhat unannounced and under the radar and latch on to anything (except on green days) that sows dissent and distrust.
The more falsely dichotomous the better. There are all these stocks that are more unique than the one the board is devoted to... ok so why are you here? It is akin to writing a book about how to win the lottery?! If you know how why are you telling people? just win the lottery!
The other thing these soft bashers do is never answer direct questions and rarely do they ask them? Because in answering or even asking one allows objectivity to latch on to them, and the name of the game is subjectivity. On red days when a weak hand is bleeding these SB's tell them they are about to lose their leg and if not careful their life. Best thing to do is amputate now before seeing a real doctor. It is always hurry up before it goes to some number it hurts to even think about. On green days they "gaslight," a secular term for "muddying" the waters with contradictory stances, random thoughts all meant to muddy the factual reasons a stock might be going up. It is suspect trading, its Elvis... it doesn't matter... again as long as its subjective nothing sticks.

5) Lastly and this is what is really cool to me is that NONE OF US MATTER! lol!
Games of this size, with prizes that are this big are too complex to be explained away by speculating who Anon is or where Cormark went, is Cormark Anon? why? what? who is on first?
Confusion! Gaslighting! Muddying! Smell the open! Warren Buffett is short VLE!! There is no gas in Turkey only gas in turkey! It is all noise to distract you from the facts. When is the last time this board reviewed the facts that have come to light since late November 2017. I know it is scary! It happened on a smaller scale during drilling and testing of Yayli 1 and after STO inked the iniital buy in deal.

Thankfully we have a historical record. We have history on M. Shaw, Jim McFarland and yes
on J. Schacter. We also have history on this board. In 2016 it was Samren and Bizarro Superman that called for the Management team to be fired, said VLE in 2017 was a dog.
Bizarro went away... too many times he said we would dilute the hell out of the company at 50 cents... eventually when you are wrong too much and too often you just sort of fade away. Even the smell fades :)
Samren I don't know. Suspect you have been here longer than me and own $10 stock from pre split days and so have some justification for your bitterness; although you should see a doctor soon if you are crusty today as you were at 65 cents last summer.

My last bit of cool is to the selfless, wisdom some people (strangers really) have given freely to me. It really is about relationships. My fav was "shed a little on the way up and enjoy the jingle of the coins in your pocket. It will make the down days easier to navigate." Great advice and I am thankful I took it. Has made the move down manageable and will make the move back up all the more sweeter. Oh and PG dry powder as well... of course... don't need  a chart to read that ticker!

All the best to you
Lev




Bullboard Posts