EMR 0.86% $3.46 emerald resources nl

merger, page-3

  1. 818 Posts.
    All oil exploration is a gamble. You might think you are going to have a big discovery, but only testing tells.
    However my optimism for SB is based on the facts I have gathered from the outset of the drill. I believe that my optimism is also shared by Big Eric of Arc. He and his team of advisers are vastly more qualified than I am alone. I have previously listed the facts as I know them from announcements and conversations, combined with my knowledge of the oil business. Together it all adds up to a good probability of success, but as I said - testing tells.
    If any pessimists have a good reason to be pessimistic, then let them list the reasons here....but they had better be based on sound technical knowledge, not just some vague
    ideas. Why knock it anyway? Theres nothing to be gained from that.
 
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