WISR Ltd V.WZR

RE: RE: RE: RE: RE: RE: RE: Another way to develop

[kaosblues]

Schill:

The market is not always wrong but it is often ignorant.  Like when it falls 2/3rds on an unexpected discovery.  No matter how you slice it,  that was a drop that was influenced by completely ignorant sentiment.  Even this past week certain people on this board can't get it through their pinheads that an unexpected gas and condensate discovery is, in the normal course of business of drilling a wildcat well, a good thing, because it often signifies oil pay zones further down the well.  If people want to keep sticking their head in the sand on this so be it, however with time they are going to look extremely foolish if the 600 ft. of oil pay zone is confirmed. I certainly wouldn't want to be caught spewing the sort of nonsense they have been up to the past week, because they will be held to account for it and that day is looks to be very near.  In the medium to longer term the gas discovery will be very economical also.  I have simply pointed out steadfastly that because this was an unexpected find, it makes no logical sense for the SP to have dropped 2/3rds on such news, and that is why on this particular occasion I have referred to the market as ignorant, it is of course the investor sentiment that is ignorant because technically the market can't be ignorant as it is not a person.  I ask you once again the simple question should the SP of any hydrocarbon company  fall or rise if they hit dry holes or gas, especially if when finding gas is a totally unexpected find?    Some of you should get your heads out of your respective backsides and give this just a little more thought.   Oh I forgot, you are like your precious market and already know everything.  give me a break....