GREY:ENGFF - Post by User
Comment by
mikerosoft666on Apr 18, 2008 5:33pm
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Post# 14987203
RE: Canadian = new id = ignore
RE: Canadian = new id = ignore
But you have to admit that when someone shows up and suggests they have the inside track that the swirling red-light in the back of your brain starts glowing immediatley don't you ?
I mean, with all due respect to everyone on the board, except for the TA guys who can't make the charts up and it is easily checkable, EVERYTHING is BS until you read it from a reputable source and where the company has released it...
Just one posters opinion and I highly recommend you distrust even this.
By the way - was playing ENG earlier this year and got stung a little because of timing. I think my timing is WAY better now (unless we drill a duster) and I hope to overbuy cheap so as we get to the top of the ramp I can preserve the invested capital and let the free money ride. My thinking is if it turned out to be a duster I just invested some time.
But I'm in the camp that believes with the cost of drilling the hole, there are a whole lot of people who are a whole lot closer to the data who have seen a whole lot of wet wells when they were just seismic surveys and they wouldn't be better that kind of capital on "Hmmm... Maybe ?!?!?". So I'm thinking there almost positively has to be oil there. And in numbers that make it a worthwhile exploration.