GREY:RNSFF - Post by User
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Onedaylateon Aug 11, 2017 11:25pm
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Post# 26573751
RE:Response to onedaylate
RE:Response to onedaylate Thanks very much Boots333.
I guess being patient is not one of my best virtues.
My reason for getting in was the idea that a gov run corp like Pemex was going to be mired in red tape, and more concerned with union contracts then actually making oil come out of the ground efficiently. Thus leaving a lot of un tapped resources in the ground for a new ambitious start up like ROI to make a dollar.
My thought still holds true. They may be doing it "correct", but the so called "stellar " team is not impressing anyone with their speed.
Plus I am still pissed about the last financing they did just a couple weeks after very publicly stating they didn't need one. My shares shrank in value. And my confidence in truth telling from management sank. Now coupled with this very slow progress, I am tired. I am long.....but tired.