RE:RE:RE:RE:RE:RE:New board membernavajojoe wrote
Frost19 wrote: Hi Navajojoe,
What glaring errors?
It's just my guess, on why Vermillion would want him and why he would want to join Vermillion and I said as much. I never mentioned anything about this being a reason to buy/sell shares based on my wild hunch. I would never suggest anyone do that. Everyone do their own DD.
I'm here to learn and “get better” as most are.
Not being sarcastic (I know its tough to tell sometimes online), I would like for you to point out the errors because I could very well be missing something. Maybe Kleckner’s nephew is in the company and he got connected that way. Maybe Kleckner has more of a background in acquisitions and they plan to grow like Geemonet suggested which is the complete opposite of what I originally thought. I don’t know but again I want to learn more and get better.
You said:
" The company he sold for 2.3B had 50k beo/d. Vermillion has almost twice that production but similar market cap." Our production is quite a bit short of 10,000 boed, and our market cap is a heck of a lot more than 2.3 billion. I assume you forgot about the debt?
I like VET, but we need to be accurate in our analysis.
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"Our production is quite a bit short of 10,000 boed and our market cap is a heck of a lot more than 2.3 billion."
"I like VET, but we need to be accurate in our analysis."
What a schmuck.