Art has to answer some questionsI rarely post on this thread as there is too little valuable info to sift through. I have been in since brenda 1, and have put up with some ups and downs... When they hit on Brenda 2, i backed up the truck, especially as Art was yakking all over the British press about 150 million barrels, and that was recoverable, not gross. I then spoke to a geologist at the company, and he insisted on 150 million barrels recoverable, and compared brenda to buzzard, as buzzard had a 70 foot pay column whereas brenda had a 56 foot column.
Now look at the recents NS101 numbers - 20 million barrels, that's a far cry from 150, not even close. Art has to be held accountable for this inacurate debacle...
My second beef with this company was the gross and obvious leak of the bad rr, thus knocking almost half the value off this stock before the bad news was disclosed to Joe public, and then to "hide" the disclosure and not release it via the same channels as other releases, thats just bush league!!
I am still long on this deal, but I am one pi$$ed off shareholder, and if I lived in cowtown, Art would not want me at the AGM. With these terrible reserve updates, the mickey mouse disclosure debacle, and with the in's being privy to news in advance of Joe public, not to mention all the manhandling by Cannacord, Art has prooved himself as incapable, and untrustworthy..
IMHO, he should be answering to his inaacurate reserve predictions before the securities comission, then he should have to answer to his shareholders..
Good luck to all longs
JANDD