Where is the confidence now?, page-15

"my attitude is terrible at present, so best I keep quiet and stop looking at OBL for a while. Lets hope when OBL turns it turns in a big way and we can make our money back."

I tip my hat to you CJTJ for your honesty,but your far from been Robinson Crusoe in bagging the company,oh no not by a long stretch.

As a very new SHr in OBL,I feel your pain and the other SHrs in regards to the options not been in the money.
That said the wanton petulant vitriol espoused by almost all and sundry is a bloody good reason for where the SP is now..
Investing can be a bitch when the SP doesn't go your way.

I have no inside info,Ive made no phone calls(not yet anyway),I may go to the AGM,to elicit some more information,but the news about bru been given the green light to drill and frack four wells,is bloody tremendous news and should have pushed the SP higher but the negativity on this thread has to be seen to be believed.

We wont have to drill the Laurel formation to get an idea of what resource we have,bru will do that for us,and save us a bloody lot of money in the process.
If for no other reason to stay in OBL,this and this alone should give confidence to stay in this company.
In the very short time frame Ive been in this stock,I'm down circa 50-60 percent,I attribute this loss solely on the the continual incessant persistent bitching from aggrieved SHrs ( rightly or wrongly).

The quarterly report will either give me confidence or not to remain in this stock.
I guess I'm somewhat luckier than most OBL SHrs,I can self flagellate my self on the continuing poor performance of the mighty Canberra Raiders,as opposed to OBL's performance.


Raider


In the land of the blind,the one eyed man is King