Rich1612
Any consolidation at this point until ALL current wells are producing will mean the sp will get smashed. Seen it to often. Unless the Coy can back itself up with either a buyback or dividend. The only money coming in is either going to new drills or Mgmt coffers. That wont save the sp.
I have emailed MF many times but never received a reply. I honestly think we need a PLEASE EXPLAIN over this PH drill. It was a turnkey with very small W/I so our share would be minimal. As for SW well we can forget that too because the Operator/Driller has had plenty of time to get insurance to pay for a re-drill. A PLEASE EXPLAIN is forthcoming there also.
Their punching above the average as far as things go...but they let it all slip back down with a couple of lousy dusters and "the cloak of silence" when they should be setting the record straight.
I mean comn GGE whats the plans till EOFY? Your November Presentation is so far out of whack its not funny anymore.
Its fantastic to see Craig Burton buying up...But he hasnt touched the oppies.
We get 6 months of straight shooting...things are happening...bang...bang...bang...then all of a sudden we get curve balls like unitization. I understand the rig/drilling delays (frustrating but understandable). I just dont get the latest moves.
T1
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