Ann: Exciting New Oil and Gas Opportunity , page-13

From EGO thread....



15/11/10 22:27 (View) Back Post Reply (+18)
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strazza
Post #: 5960762
Price at time of posting: 1.2c
In Reply to msg: #5959923
IP: 122.108.xxx.xxx
Sentiment: Hold
Disclosure: Stock Held
Views: 264


To any really long termers out there, have you heard the name Clifford Ford before? He was the consulting geologist who told Sun Biomedical that EGOs reports on EP389 look the goods and are a worthy investment. He had the same industry experience (30 years) as our CM. Reckon they are old mates from way back? Reckon this is another ploy to line each others pockets with a quick buck?

This is a very very strange JV partner - especially given they have no money themselves! And where is EGOs announcement on this?!? I am getting more and more dubious of the way EGO is managed. I have been attributing their (read: CMs) actions over the past months as incompetence, and that the fundamentals I see in the company will see them come through with the goods in time. Now I am not so sure it is just incompetence as there are several things now that just "don't add up" or make any normal operational sense (compared to all other listed companies I have researched and held shares in).