I also have had one very dissapointing experience with Baraka.
I have traded the stock market for 10 years, and had my ups and downs but generally speaking enjoyed the experience.
For some reason and only a psychologist could answer it, is i believed in this company and its future story.
We were all mislead by Max and the old management team, and the New team has followed it through.
I have come to realize my arrogance and self belieth in Baraka and its story was my undoing. Many times i saw the tale signs of distruction, but chose to ignore all the signs on my stupidity.
My future is now bleak, but the experience will last me a lifetime.
Never in the field of endeavour will i be able to live the dream of riches, thanks to the mighty few at the helm of the sinking ship!
This is what i will never understand , bkp management had La Punta 2 well to drill in March 08. Bkp management have said to me , that La Punta 2 has a 85% chance of success.
Their whole strategy was to get this field drilled and to gain more oil flow. With a target of 5000 barrels of oil and their share of 200+ added to the existing flow of 100+ Dont you think it was better to Stick with the Plan?
This would have been a way better out come than lollypoping into a unknown field.
If La Punta was drilled first, and proved a success, we would see a much healthier Baraka with production around 300 + barrels and more oppotunity to sort out the business.
k
k
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