RE:RE:RE:RE:RE:RE:This all goes backPerhaps it is true that you are just as good as your last venture because Mr. Sean didn’t look so hot after Thrace adventure…no. Promoting Thrace basin as a bigger than life opportunity yet not having any skin (shares) in it himself makes him in my book a bit of a swindler.
I’m glad that this time around he actually ‘put his money where his mouth was’ and bought some VLE shares. I feel better now…yes.
This Thailand acquisition is still a major ‘grass fire’ unless we find some serious reserves either through acquisition or smart exploration. Judging by the past I wouldn’t bet on ‘smart’ but acquisition is something that could work here. This short term cash flow is precisely that ‘short’ and the company is still mainly fending off $240 million in abandoning liabilities; again we need RESERVES to be taken seriously.
I’m here from Thrace & was lucky to average down at much lower price so I’m in the green & have room for waiting a bit longer and see what happens.
G37