"Single well economics is always optimistic, heck that first wells they drilled into may be the sweetspot and the next two wells are duds."
Thanks ecker, THAT'S exactly where we are at, yet, people spend so much time hypothesizing on something that could take another 30, 40, 50 wells to determine if this project is just a cash burner or a company maker. Nobody KNOWS!!!
IMO, all of that energy and intelligence is totally wasted apart from giving some people the opportunity to get a few bad experiences off their chest. So much time spent on a company in which they don't even have an interest!!
Is it pure altruism, selfless generosity to prevent others from making the same mistake, or, is it basic self aggrandizement? I've never understood that.
As someone has very recently reminded us all, this is a .006 cent company. Get that? Just over HALF OF ONE CENT, yet we are getting BHP and WPL "advice" and some VERY deep psychology. Come on everybody, loosen up, in a couple of days, people will either be doing all their dough, or, live to punt anther day. Get real!!!!
AKK Price at posting:
0.6¢ Sentiment: Hold Disclosure: Not Held
