OTCPK:WSRLF - Post by User
Comment by
canadafoxon Nov 06, 2014 11:12am
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Post# 23101999
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Can one trade WZR rights now
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Can one trade WZR rights nowE; I recommend you suck on a mint and calm down.
You appear to be saying in your thesis that 200 MM bbls is unlikely to be reached as the combined resource figure for WZR's licences. I disagree as it is at the lower end of all expectations stated by the company and Sproule. We shall see what transpires with further wells. You appear to be invested here and yet argue that you ( as an investor and 'expert' ) are likely to lose your shirt. I will not be alone in wondering why you have not exited comfortably ahead of today's SP after your negative judgements over the past year or so on the Kurdamir prospect in particular.
You confirm that you have no access to the actual data on Kurdamir ( or Sarqala ) other than the limited details made public. The company and their offerors do and did. I just wanted to make that very clear. You are guessing. The offerors - with $100s millions now at stake - and the managemnent with rewards and reputations at stake will not have resorted to guesses unless they were being extremely unprofessional. Unlikely. In balancing who to 'believe' on these matters I will go with the people with the data and who are on-risk rather than someone who I know for sure is guessing and appears to have an axe to grind.
BTW; Do not assume that people to whom you flaunt supposed specialist knowledge are deficient relative to yourself. It is a common mistake of the unaware nerd. It was Chemical Engineers that wrote the original computer codes that form the basis for current reservoir engineering models. In another existence I received my Masters for writing closely-related codes for the solution of such NLDEs....
That is; we created the basic models but decades later - you are simply a user.
This is an investment. It has risk. Most investors look at it in the round and come to a decision. They now know that you know what you are talking about but also that you are talking whilst balanced on the head of a pin. We can leave it at that.