WISR Ltd V.WZR

RE: RE: RE: RE: Misplaced Emphasis

[kaosblues]

Canada Fox: 

Lets not get silly, you have your emphasis and I have mine, but by your logic this means that assuming this well fails then automatically the  value of the block falls to zero?  What poppycock.  If that were the case I and every astute oil company in the world would pick up the rights to this block and many others undergoing drilling challenges for a song.  You are another who is trying their best to batter a play when it is down.   I continue to maintain that the market is ignorant and is only a reflection of investor sentiment, investor sentiment which in this case appears to have been dead wrong (as it oftern is).  If you truly know the value of the block and the region you should be talking a completely different game. The real value of the play is the right to the block.  I do agree that once they prove the find it will go up substantially, but I stress that is the ignorant market at play.  If we know the oil is there which we can almost guarantee through seismic, with reference to surrounding finds , and with the exisiing results. it is simply a question of time, how and when we extract it.  The market isn't smart enough to put this two and two together.  Not only would I as a fellow stakeholder hope that it is going to appreciate, I am pretty darn certain you are going to have egg on your face about this as soon as the next week or two.  The market already showed its squeamishness over the past two weeks, which was simply a reflection of nervous nellys that don't have the stomach for this play and shouldn't be here in the first place. I also maintain the market showed its abject ignorance when the original "unexpected gas and condensate find was made at 2300metres" by promptly losing almost two thirds of its SP.   This should have been viewed as an unexpected bonus, but because they found gas (and condensates) the market was dissappointed. Dumb, dumb and dumber... What a wonderful buying opportunity and frankly the best opportunity was this past week at .30.    All I can say is that time will prove one of us right here, and being a betting man I think the odds are overwhelmingly in my favour.  You will most likely be crushed on this point, but perversely speaking, you should be extremely happy about it.  The value of this play in terms of the SP should easily reach 3.50 in the next few months and potentially double or triple that.  That's right folks, you heard it here first.