elk petroleum seeks a$5 million at 25 cent, page-34

Yes we can all invent alternate views , it's what's reasonable and probable , it could only reasonably go belly up if the reserve failed to repressurize . Then there wouldn't be any oil and therefore income . We seem to have folks here who want to make investment calls based on their own bleak feelings, these feelings seem to be founded on their own investment track history . It's a kind if "I've lost money and been disappointed with progress in the past then this experienced can be relied upon to forecast all future events " , while I understand that thus narrative might reflect an individuals emotions, those emotions are hardly of interest, psychological pathologies of investors aren't of that much interest. The salaries don't seem unreasonable , they might seem a lot to those that don't get paid at these levels but they don't seem extraordinary to those that do. I'm happy to feed them money at 12c for 1x share and 1x option, till cash flow arrives as long as pressure keeps rising