RE: RE: patience require ...
Hey PaleRider, All Green does is provide us with his opinion and actually bases it on facts. Mr Cooper is the one who said there were no PP in the near future. Also Mr Cooper said multiple times he was expecting to close the year wit 1200BOE per day by YE and thats what Green and a lot of us base our optimism on.
Even you have to admit that if that happens we will trade a lot higher, right? (make sure to comment on that question!)
If you want to point fingers point it to the ones who deserve it and that`s Mr Cooper ( in regards to the PP)
BTW you asked me to get off my soap box but YOU like to speak as if YOU know and everybody else that doesnt think the way you do is just dumb or worst: theyt are trying to manipulate others... What's that about?
This is a forum where we can all voice our opinion ideally with some meat around the bone and IMO Green does that and you don't. The fact that he`s not always right is irrelevent, nobody is!
Now FWIW, I have nothing against PP when they`re done for the right reasons and I believe this one fits the bill. They own 100% of the rights in this region so it makes perfect sense to invest in it NOW, vs wait to have enough cash from current operations. We all want faster results and I believe this is the best way to achieve them. I just wish he would have been more transparent about it because from now on whenever he claims anyrhing we will have doubts. If when they bought the new land he would have said this new develoment might require they do a PP in the near future to accelerate its developement it would have prevented his reputation from being hit.
I also think they are stalling for better results but I can live with that as with all the potential they have it will eventualy occur and the stock will finally trade much higher... The next news we want is to announce that drilling resumed and is going as planned and that the 120BOE per day goal is still expected to be reached by YE...
So yes patience is required here but at least here, IMO, the question is not IF, it`s WHEN and that makes me very comfortable with that investment
JMHO, DYODD
LeRiche