OTCPK:WSRLF - Post by User
Comment by
Schillon Mar 22, 2010 9:00am
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Post# 16908586
RE: RE: RE: RE: RE: RE: good & bad- my take
RE: RE: RE: RE: RE: RE: good & bad- my takeThere-are-no-well-control-problems-NelsonForties,
as an experienced investor in oil-business, that you called yourself, i'm somehow irritated, that you confuse a claim with a settled payment.
A claim is a claim and not a payment. IF the insurance company doesn't pay - and they usually do everything to avoid that - what's then? Is then still enough money left for a third hole and a few problems?
Wouldn't an experienced investor put that unsolved problem into the equation of the risks?
And what i find also very interesting is, that you with your experience, do not count additional costs as additional costs, only because they were noted in an earlier release?
Fact is:
You, as one of the board gurus, tried to convince the members, that there were no big problems with the well. You were proven plain wrong.