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Petro One Energy Corp CUDBF

Energy Oil & Gas E&P


GREY:CUDBF - Post by User

Petro One Energy Corp
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Post by november01on Oct 19, 2011 6:12pm
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Post# 19164771

Update

Update

The following is the reply a received from Jeff when asked about news:

There’s two ways we could run this business:

 

  • Lots of splashy press releases but long time frames to production and poor economics.  Mom and pop get real excited, but any serious technical person, fund manager, engineer, analyst, newsletter writer knows it is pure promotion.  This is a stock play model.

 

-or-

 

  • Very quick field work, with established, cashflowing production, scientific 51-101 compliant data, thorough flow testing, and robust bankable numbers.  The news, when it comes, is highly detailed and can be put in front of any analyst or institutional investor and be considered bulletproof.  No news comes out until such time as this firm data is established.  This is a cashflowing business model.

 

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