RE:RE:RE:RE:RE:Were are we now?
mrpanick, with all due repsect, there are long-term investors in this company (three, maybe even over four years) waiting for it to produce oil. PTA delivered that. I think your new around here yourself, no? PTA announced they are spending considerably less to further delineate their oil production and reserves.. (in so many words)...yet they have all this cash, and believe in their properties? I contacted Tuscany International Drilling on February 25, 2014, and my reply was simply "we are continuing buisness as usual despite our recent situation". It has nothing to do with Tuscany, and everything to do keeping the SP low so the warrants expire. PTA management is still patting themselves on the back for pumping the LM field to 12,000+ bpd. Well good for them. But that isnt an endless supply. They even tell us all that is case, as the production estimates for this year are not what they said they'd be last year. Maybe they'll buy reserves with their 100 million cash? cash money? one things for sure, who on earth would buy this one trick pony. Not PXT. eom.