RE: Pressure Building for Next Leg Up 43 centsYou've stated that you purchased at 20 and 23 cents and then hoped to reach a million. You then stated that you had a million and counting, having purchased 500k over 30 cents. Your next statement suggested that you purchased at 20 and 23 cents once again.
One of your statements was wrong, don't you think taxdemicco ?
I really enjoy fighting fraud... what can I say ?
Maysteeler says this, 5000 bbls/day is worth $3. He doesn't mention that it was 4800 initial production, before it declined. He doesn't mention that LFD only has a 40% interest, pays a 40% royalty and 30% CT, and leaves out
all opex... after ignoring all the capex.
They do not have a 50% chance of recovering anything... they have a 50% chance of recovering hydrocarbons,
if a significant discovery is made. That is what Prospective Resource is, it is prospective and undiscovered.