GREY:ROAOF - Post by User
Comment by
KeithR39on Jan 14, 2007 9:25pm
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Post# 12015317
RE: No more pumping for me
RE: No more pumping for meGood4t,
The quotes you used from haywood are a bit old, just after the reserve report that was way undervalued because of new evaluation rules under National Instrument 51-101. Brenda was evaluated at only 21mm barrels.
SINCE THAT OLD TIME
1- Reserves
Nicol has been added to Brenda pushing the revised report to 31mm and the production horizontal drilling data (very important addition)are still not included, which will be done in the next reserve report due end of march. The report will also include a lot from the other projects.
2- Cash flow
We now know that Shelley will go to production around end of 07 and that there will be a THIRD production added before end of 07.
CONCLUSION
The more the story unfold, the more you sink with your negative behaviour since $2.20 SP about 1-1/2 year ago.
QUESTION
At what stock price will you admit your failure and leave this board?