Energulf Resources Inc. ENGFF

RE: RE: RE: RE: RE: investors???

[Dave4444]

Sorry for any mis-interpretation, but I tend to shoot first and ask questions later.  Speaking of which, are you sure you are not making the same mistake of falling in love with UNX.  Lets face it, UNX has had a nice ride, but has a huge market cap. for a company that has not actually found any oil.  In my experience, those type of companies do not keep the high market caps for long, especially with the huge expenses related to offshore drilling.  Now I could be wrong and maybe they find a partner that covers some costs, but at the end of the day, they have to raise funds and drill wells, that is when the risk goes up and often the big market caps with no oil drop suddenly.  Take a look at OYL as a prime example.  Just my thoughts, I could be wrong of course.  I am watching UNX by would never consider buying at this price as to many things can go wrong.  I just finished selling my shares in SNM for the same reason, I had a nice profit and the market cap. is getting to large for a company that has not found any oil yet.  Maybe it will find some on the current drill play, but I can always buy back in when the risk or price declines.  I would do the same if I owned UNX.  But then again, what do I know, I am just another poster who may or may not have a good track record at predicting such things.