Post by
LCSulla on Nov 12, 2023 11:29am
You're not helping your stock price
By creating a sense of panic. By threatening to sue them into bankruptcy. What goes down 45 percent can go up 90 on Monday. The news is not all bad. Still waiting for santonian logs is what it is. Sell the port for 500 mil and market cap of 127 mil would be a part 1 of 2 payday. Chill. I don't like the uncertainty more than anyone but they wii figure it out and make everyone whole and then some. Then let's see where the oil play pans out for part two of deal which is still in play.
Comment by
Strawboss1 on Nov 12, 2023 11:53am
A couple questions ! ) Do you think that they have given shareholders misleading information to cause panic, for shareholders to sell shares.? 2 ) Do you think that they have out right lied to investors ?
Comment by
LCSulla on Nov 12, 2023 12:08pm
I think they are dealing with the hand that is dealt. I think they should be more forthcoming with information but each day I am sure they are on the phone trying to work a deal. It's obviously not the motherload but they have two valuable properties. When does Bluefin nextdoor finish? How much of the port does cgxef own? Thoughts to ponder.....
Comment by
Strawboss1 on Nov 12, 2023 1:01pm
You never answered my two questions, so I will take it as a no to both. Are you an insider of the company ??? Are you a paid pumper ??? I see you are a stockhouse member for 5 days ????????????
Comment by
Kelvin on Nov 12, 2023 2:16pm
Further to my last they talk about a third party expert analysing the info and samples from Wei. Who???
Comment by
Kelvin on Nov 13, 2023 7:17am
Well Dev, this morning I am buying in at market. Speculative bet, I know. I am betting that they just need to prove up Maas and Campanian recoverable reserves. DST at Kawa might do that.
Comment by
Kelvin on Nov 13, 2023 7:48am
Further to my last. I got a message that I'm using the wrong terminology. You only DST (drill stem test) when you have drill string in the hole when drilling. Change my reference to DST to flow test with testing string in the hole. Lol, I knew it! There's lots of oil patch knowledgeable people on this board who don't say much.
Comment by
SportyJ on Nov 13, 2023 7:58am
Dirk, you're not alone with your line of thinking. Oil_run over on ST posted a list of questions a few days ago. Number 6. was as follows: What is the status of the Wei well? Can the well be re-entered / tested at some future time? Or, has it been abandoned?