RE: RE: RE: Q3 ResultsHow much time do you think they are actually investing here? They have a lot of their own money at stake so of course they are not going to just walk away from it but just because someone keeps a junior company alive (albeit on life support) doesn't make this company a good investment. They have been on deaths door for a while and no other company has stepped into to take them over at a huge discount or done a JV with them to take advantage of their financial shape. That's because after they do their DD they walk away and say "good luck getting those wells to produce, we ain't touchin em with our money"
You really showed your sleuthing skills when you started posting about their internet and phone bills going up on the G&A. Who cares about a $5k G and A item. I guess that's the main thing to worry about when all you have on the books is 10 barrels.
By the way, I'm back posting because I gave you the benefit of the doubt for the past few months. Remember, this should of been the time that they had their wells worked over and producing. Looks like you were partially right - the wells are producing but until there is a large market for salt water sourced 1,000 m below the surface I don't see this company going anywhere except the delisted page with the TSX.
good luck to anyone that is left. I am here more to bash your inane posts than to bash this company. It would be great if these guys had a real asset here and I'd be happy for them. But companies like this are just part of the oil exploration world and they aren't the first and won't be the last company to not find what they were hoping. But why you continue to post such optimistic and rosey forecasts for a failed junior is beyond me. Are you part of the management team yourself???
On all the forum pages I've been on I have never seen anyones posts as irrational and one sided as yours for this company.