GREY:CIMVF - Post by User
Comment by
turron Nov 30, 2006 6:00am
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Post# 11776461
RE: how do
RE: how doDunnock, absolutely right. they ran out of cash not oil. hence the failure 5 yrs. ago.
however, this is a much improved company, having learned, not only valuable technical info, but experience on what not to do.
of course,$60/bbl now compared $15/bbl then, hasn't hurt the cause either
By the way ,i like this statement about 'booking reserves' and share value in their 2006 development strategy.
'Booking reserves' seems to be getting a lot of press in the oil patch lately
