GREY:ROAOF - Post by User
Comment by
Kel2on Oct 25, 2004 10:42am
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Post# 8089200
RE: Looks like a PP coming
RE: Looks like a PP comingImportant or not (in your opinion), the o/w contact is not something that is discernable on seismic and was not expected. And, in case you hadn't noticed the market did not like it, just as they did not like it when the B9's o/w contact was different. Canacord seemed to think that it might effect the overall reserve picture which is why they downgraded the possible reserves. The jury is still out and only drilling will tell the tale but it certainly seems important when I look at the price of the stock. The earlier poster wasn't bashing - just facing reality.
Maybe your crack team should stop using the crack. lol