Oilconsultant is Still a Fool: Ignore his RamblingsI find his postings entertaining, (in a demented, sado-masochistic sort of way), while we wait for the closing of this deal, to see what the debentures will get. [Note: an entirely un-needed sale, if CCAA dealings, would have been properly applied for.]
He recently affirmed my cautionary opinion about the imminent decline of the Bauer Field, after spending lots of time criticizing me, and shouting me down on my warnings:
" a presentation up from Goldman-Sachs conference
of interest re NWX, page 18 shows the oil production, Beach shows the 3.1 mill barrels from H1, a record... and guidance is for 2.5 mill in H2, a mid pint of the guidance!
so from 3.1 mill down to 2.5 mill, is proof of what I have been saying... Bauer is in decline and that is all that NWX is about! so sell out and move on.... or wait for the gas business which might help... but never replace Bauer production... or ya hope for NWX to sell itself.... but the insiders at NWX have a nice gig... they collect pay packages, each week! easy money for them... and Beach knows the royalty payments are going down, so they are now maybe willing to pay NWX.... oh... maybe... $50 mill??? maybe top end.... but why? would Rozier etal be happy for a one time payment or are they gonna milk this cow for the pay cheques?
well I ani't waiting, hoping as I watch the stock price sink towards 20 cents... I am going, going, gone...LOL"
(Read more at https://www.stockhouse.com/companies/bullboard?symbol=v.nwx&postid=25963886#x6hDVJOcjDAAJ4gq.99) So now he admits Bauer is in decline, and is all that NWX is about, so he had to bail. Hilarious that he finally admits that he was overly-optimistic, and had to sell the stock.
We have taken alot of abuse from this clown, for our misfortunes, so I don't mind rubbing his face into the ground, to make sure people know about his actions.