CVN 0.00% 16.5¢ carnarvon energy limited

Ann: Drilling Rig at Pavo-1 Well Site, page-27

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  1. 3,488 Posts.
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    what exactly is my "assessment and summary of the Advance people who lost money"???

    sorry mate, but i have to ask... are you ok??
    i made an analysis about investing in the shallow end of the O&G market... why do you try to relate that to ADV's losses??

    all the super computer analysis in the universe is still subject to unknowns we have no idea about yet.
    all we can do is make the best guess with what we have.
    CVN did that.
    ADV did that.

    sometimes it works, and sometimes it doesn't.
    that's the game.
    i feel for ADV holders... your comment about rubbing peoples losses in the face is well outta line brother.
    i did no such thing.

    if ADV didn't like what they saw, they wouldn't have stumped up $20m for 50%... again, independently verified... and they raised the cash, which means investors too liked what they saw... but that doesn't mean it's 100% guaranteed.

    even in a proven field, drilling is still a wildcat business mate... 300m off to the left or to the right, or too deep or too shallow and it could prove the difference between bags or bust.

    you're right, i don't have to agree with you, and i don't, and that's my opinion.


 
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