RE:RE:RE:ThetruthOf course none of us know for sure why another company has not moved to acquire OBE with its world class assets but based on Loukas's last plan he seems to feel that companies with the financial where with all are looking for more production in their aquisitions. Now that may be a result of offers he has seen or based on what he hears in the marketplace and is his speculation. We don't know because Loukas is not traansparent on thoses things. Nevertheless, we do know that his opinion is that in order for Obe to attain its true value it needs to boost production. I am certainly no expert in this area but if that is in fact his strategy I would rather pursue the sum of it's parts is greater than the whole strategy. I say this because it seems the market has no intention of ever giving Obe a fair valuation. Therefore, it would probably be better to sell the company.That is to say perhaps Obsidian would be better off selling off its major parts individually rather than to take the path Loukas wants to which involves far greater risk and way more time to attain. Maybe it would be better to try to sell off say the Cardium,Peace River,Viking, tax pools etc individually. I am thinking about the time Rick George sold off part of the Viking and got like double the value that any of the analysts and market investors thought he could get. Maybe that strategy would yield investors with more value than Loukas's plan to hope to build production to 50,000 barrels before selling. I say this because we all know the crazy commodity market,geopolitical risk ,and who knows what that will surely make Loukas's plan likely unachievable in 3 years as he hopes. Anyway I am not the CEO and it really doesn't matter. I am an investor and base my investing decisions on facts and the CEO's track record. For those who downplay the CEO's importance as I have witnessed in reading posts on this forum understand this that the CEO is the equivalent of a quaterback in the NFL. If you don't have a good one it doesn't matter who else is on the team it will not be a winner. Taking this anaology further Loukas thus far has failed to create shareholder value in his 4 years as CEO so it has not mattered how great the world class assets are or his plans and that is why this stock has been chronically undervalued. The market does not value Loukas as the CEO and that is what has held this stock back.