RE:pathus, who hit the buy button?It is the company's job to manage expectations and ensure that the real economic value of the company is relatively close to the market valuation. Relentless pumping with pie in the sky targets that are nowhere near reality to "pump" the valuation is not.
With regards to govt limits etc, I and several others attempted to include these in production numbers are still got no where close to the average production numbers when comparing production growth to completed wells.
With regards to the Wabanum, I think I know all I need to know. They aren't getting any oil out of it and nobody wants to even try with them.
Finally, with regards to losses I blame myself for breaking rule#1 falling in love with a stock and rule #2 adding to a position/not stopping out. Both of which you commited as well even though you are a "pro" who ended up in the exact same situation as the rest of us. Incesssant pumping with unrealistic targets is what I would pin squarely on the management drilling when they knew they shouldn't and you would see such activity rewarded with class action lawsuits on a more reputable exchange. Of course, the company is worth nothing and thus there is nothing to take (the bank will get what is left).