re: ... cooper basin ... buyer beware ... Hi folks,
As hot as the Cooper Basin may be, at the
moment, let's also be aware of the the record
(or lack of performance) behind the ITC
management.
Some history:
In 2001, after the transition from a failed hi-tech
company, ITC has suddenly emerged as an
oil explorer ....
ITC drill Walyering 4 in the Perth Basin, between
Dongara and Perth, in an area that no other
explorer has considered, because of the
known geology is too tight to give up
any hydrocarbons ..... very similar to the
Whicher Range dilemma, further south.
---
Next, Jendry is the same guy who took KRZ
from producer to a floundering mess and
not being able to explain to shareholders,
where all that money went ... he departed.
..... with a little research you can find plenty
more, too.
-----
Yes, there will be some trading opportunities
for us in ITC, as the drilling program progresses.
However, be aware of the calibre of management
that you are pinning your hopes on .....
There will be the usually ramping, not quite as good
as the Barton camp, but it does the job.
So, those smart enough to read the signs on the
charts, will bail out before the final spike and the
panic of the masses.
have a great weekend all
yogi
re: ... cooper basin ... buyer beware ... Hi folks,As hot as the...
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