OTCPK:WSRLF - Post by User
Comment by
Fnordon Feb 17, 2012 10:37am
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Post# 19549019
RE: RE: agree with fram .....
RE: RE: agree with fram ..... WZR is conservative with their reserve estimates and their projections about future production. They prefer to under-promise and over deliver. I feel the stock is undervalued but I'll take a competent company and management team that delivers over hype any day of the week.
The reason they didn't give cumulative testing numbers for MQ-1 is because not all reservoirs will be commercial or produced simultaneously. Doesn't make for an exciting NR, but people can read through fluff anyway.