RE: RE: RE: RE: RE: 2P RESERVES Punta is your sons account? Thats fun, little family stockhousing. After supper get out your Rosetta Stone CD's and work on your english. Haha. Your facts out of context make no sense. You cherry pick what you feel strengthens your case and ignore what doesn't. I guess thats an opinion. You disregard the declines, the debt, the failure of management, the lack of operatorship, the lack of a public type curve, high costs, low netback, and lack of CURRENT waterflood and instead make wild eyed guesses about what the 2P reserves will be in the upcoming reserve report and compare them to companies with which they have nothing in common. The asset is worth something I agree. I'm going to say a buck a share. You are more upbeat then me, which is good, I hope your right and we get taken out much higher or this company is able to turn it around.
I guess what it comes down to is different opinions. You look at the numbers disregard all the failures and troubled future and see value from this point. Which is true. I see a failed company that will have very little wiggle room and needs a buyout or restructuring stat. Which is risky, especially for existing investors. Haha.
Anyways I got things to do this has been fun. I'll talk to you at $2 bucks. Fingers crossed.
Also noticed you posting your article on the Arcan board. Its a little out of date you should change it. Important to stay current with the situation.
that.https://seekingalpha.com/article/878531-is-second-wave-petroleum-a-buyout-candidate-for-the-second-half-of-2012