RE: What I don't understand is.. I wouldn't consider the recent posts as very pessimistic, just being in touch with the reality that this is after all a venture risk. It reflects on the maturity of those who have bought this stock, being able to take into account the flip side of the coin. I'm much more comfortable to be with these people, than with those who are irrationally optimistic like in some other junior explorers, and who will probably panic and sell down excessively in the event of a dry hole. I believe OYL's shareholders will hold on steadfastly regardless of the results, at least for ES.
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You're quite right about the oil still being around, had there been quantities that are commerciably viable.
30 years, or even 3000 years is just an iota in the geologic time scale.