Informed debate is always welcome. I think you'll find that Sharks and I are pretty close in view on some things and divergent on others (e.g. not putting words in his mouth but on decline methodology we are close and on some other valuation metrics we remain divergent).
I stand by my comment (which if memory serves me correctly I posted on BCC in defense of a poster whose less bullish views and comparisons were being harshly dealt with). This board overwhelmingly favors bullish posting, even if the data does not support it.
I'll try and post data based information. If it lends itself to comparsions then even better. How an individual chooses to interpret the data is their decision and on that there may be differences of opinion - but not on the data.
As an example, if I chose to only post the "Good" Economics curve and come out with MT wells yield 400Mbo, payback period of 15mths, NPV $7.5M and IRR 50% IMO that would be more acceptable to the forum than what I have posted to date which has much more balance to it. I won't bother with rehashing commentary on say the MAD example or others.
Wholeheartedly agree that there has to be a lot more going on behind the scenes - while SSN is small its not exactly a Mom & Pop operation. I'm sure they have plans we know nothing about to continue to build shareholder value.
This is just my opinion - and I disagee with your response (just joking FP)
PS - I'll only post if I think I have something to add - if and when I sell my remaining SSN position I would not post unless there was a compelling reason.
SSN Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
