RE:RE:RE:RE:revised pea to be out in spring of 2016Stanley
I have never held NXE. I continue to hold FCU and probably more of it than I should. There are NXE trolls; not all anti-Dev sentiment can be attributed to them.
My problem with FCU management, and I sincerely believe that of FCU OS also, is the unbridled cost of admin and travel. Our drilling money is spent in business class. I'm one of the 1%; but I don't waste other people's money.
Compare Dev's expense account, salary, bonuses and options with those of DML and NXE officers, as examples. It may not be thievery, as they ARE the officers of the company, but it's pretty extravagant and well out of line at a time when they should be conserving cash and directing any resources to the drill IMO.
True the whole U sector is down on its luck right now, and that's all the more reason to avoid globe-trotting for awhile. Would you spend a ton of money selling your home, or other property, into a weak market? No. So why expend time and cash now? The U world knows about RRR. Let them come to us. (And not with DML shares)