GGP 0.00% 0.6¢ golden gate petroleum ltd

ef looking good, page-29

  1. 1,686 Posts.
    Margi,

    You asked the question who would be disappointed in SGs decision to diversify and I answered your question but you didn't like the answer.

    My position is the same as DJs.

    I bought in due to PB hype.
    I bought more during CR based on the stated fact that the money was for PB operations.

    I feel like I have been lied to.
    If this play of diversification pays off better in the long run fine for me but what about the people who invested based on PB operational expansion.

    What percentage of those who own oppies would have bought options if they had been advised that we would actually embark on a longer term move into smaller farm outs rather than turn on our major oil and gas finds?

    I was considering buying the oppies, luckily SG already had my cash in the heads based on the premise we would frac our own wells.

    Unfortunately it hasn't happened.

    Only time will tell if this strategy will be successful or not.

    It's not whining when you are lied to to get your money.
 
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