GREY:ARHTQ - Post by User
Comment by
kaosblueson Mar 09, 2012 2:59am
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Post# 19648004
RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE
RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE I think once having being burned all you can see is being burned forever Swisstime. This property I believe is still potentially one of the best in the whole region in terms of potential.
If you are going to rely so heavily on precendent regarding LFD you must remember it is a two edged sword. I caution that you must then throw the experience of Western Zagros into the hopper not to mention Gulf Keystone and Heritage as well. Just because we got burned on LFD does not neccessarily mean VST will be the same story notwithstanding what the market is now saying. (And how many times have we seen the market being out to lunch I might add). I think you are being overly negative, maybe a bit too much wacky tabacky? (LOL)
It is not unreasonable to assume that if they take another stab at another drilling location here and even if VST's share is diluted quite a bit further, which it would be admittedly, they could still see some major success. I think that the dictum once burned twice shy applies heavily for you here. I prefer to think there is still some major play here because the fundamentals have not changed. THERE IS STILL AN ELEPHANT POOL OF OIL UNDER THIS PROPERTY. Think a little deeper here, and quit buying into basher philosphy. If I am sounding like Maystealer then you are sounding like Goof 40. Time for a little balance here.