Comment by
oilinvestor52 on Nov 06, 2023 5:07pm
The 136% increase is better described as the amount of stipens going out the door to management et all. over $6M in G and A with no production.
Comment by
moneysworth on Nov 07, 2023 11:15pm
You sound quite jaded, and someone who truly doesn't have a good handle as to what's going on here? If you honestly have a position, best to sell and move on. Though be sure to check in again to see where this one ends up. :)
Comment by
oilinvestor52 on Nov 08, 2023 4:34pm
Perhaps I'm jaded but I don't recall asking for your investment advice Mr. Moneysworth. Obviously you don't mind small oil companies with no production taking huge consulting fees and salaries.
Comment by
oilinvestor52 on Nov 14, 2023 6:34pm
moneysworth, now I see the light. Yeah you're absolutely right. From now on I will not only like but will admire mini oil companies with no production whereby management and consutants take excessive pay and bonus. Donald
Comment by
moneysworth on Nov 14, 2023 7:34pm
No Donald,... "you're absolutely right"! Fire everyone, hire some young bucks willing to learn on the fly, willing to work for mininum wage. Probably best to sell and move on to another junior where management doesn't actually get compensated. :)
Comment by
oilinvestor52 on Nov 14, 2023 7:47pm
Did you read my last post? I said you changed me moneysworth and I agree with you. I can tell by your posts you are very experienced and powerful in this area of investing. All because of you I now seek to invest in non producing, mini oil companies in far away places whereby management get huge salaries. Do you know any other ones besides TAG? Best Donald
Comment by
moneysworth on Nov 14, 2023 8:36pm
Thank you for your kind words and accolades. Will definitely keep my eye out for other "non producing mini oil companies" where jaded investors chronically complain, but somehow remain transfixed, watching management pillage and plunder their investments...lol. :(
Comment by
oilinvestor52 on Nov 15, 2023 6:21am
moneysworth, I can tell by your posts that you are a very smart, sophisticated investor and advisor.
Comment by
moneysworth on Nov 15, 2023 9:29am
Thanks investor52,... coming from you that really means alot. :)