GREY:SOGFF - Post by User
Comment by
jerrybeon Feb 18, 2015 5:43pm
146 Views
Post# 23441334
RE:bye, bye
RE:bye, byeWCW...thank you for your insights...not. lol
I thought this board was meant to advance our understanding of the business and these firms. I was an investor in SOG, believed in the model and the rocks they have but decided to move on.
Like it or not, Venture or not, lack of disclosure in such an uncertain environment is a professional faux-pas from these guys. You need to keep your investors updated IMHO. My switch to SGY was quite smart. Up 20% while I would have been down another 20% with SOG.
I hope SOG will come out with good wells. The infrastructure investment is impressive. If they can deliver on these wells and spread their fixed costs across more volume, they will be in good shape. GLTA!