Carcetti Capital Corp V.CART.H

RE:RE:RE:RE:RE:RE:Why use dark pools....

[Bobwins]

Do you have any proof that it's Chen?  I think you're blowing about as much smoke as the dark pool guy.  The reason the stock has died is the company isn't doing anything.

No production increases, no restart of RK field(how many qtrs late is it?) no announcement of what they intend to do in 2017, no progress on the Western field 3D by our partner, the one well that was drilled in the last year was a bust.  What do you expect new buyers to do?  Buy hand over fist?  

Their "profits" for 2016 were accomplished by selling off 50% of the Uzhugorod field, which is not repeatable and the lowering of the royalty rates.  Otherwise it's more losses.

I said many months ago that this is a 2018 story because that's the earliest that the production will increase significantly.  I still think that's the case but I am getting worried that the production increases might not be what I thought because the company is being pretty cautious with their capital.  If they don't drill their own wells, it might be 2019 before one of their partners actually drills enough wells on their property to boost production in a meaningful way.  

In the meantime, i guess I'm doomed to see various conspiracy theories on why the share price isn't moving.  "Dark pools, Evil Chen"  Stay tuned for the next episode of the BoogieMan!