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I see and understand your arguments, but sorry I just see the...

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Chrysipp37

239 Posts.

28/03/15

00:10

Post #: 14996384
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Originally posted by cmonaussie ↑

Considering I was quoting the SSN Annual Report I'd say I was telling the truth - unless what is in the annual report is not true. Are you saying TB lied in the AR? Have you even read the annual report?

I never said Buc was lying. I even said if he added the additional his post would be truly complete in addition to COMPLETELY TRUE. Yes I said Buc's post was completely true, just incomplete. It is (again) your suggestion not mine.

Just as you have an opinion so do I. And it is not just of numbers. This subject has been widely discussed as a real problem by BANKERS and LENDERS. Just one example
https://www.pehub.com/2015/01/junk-rated-energy-companies-scramble-for-financing-reuters/

How's their professional management perspective working for you? Perhaps Buc is a Banker and carries a managerial perspective - I wouldn't know.

What I do know is all kinds of action being undertaken by E&P companies that have over-extended themselves on debt. I expect TB has been busy with MOB looking over various options. The one thing that while possible is I think improbable is that SSN BB redetermination occurs and nothing at all happens and the amount stays the same, the interest rate stays the same, the covenants stay the same, ...

You are a hoot with your mates over on Yahoo. I mean "always look on the bright side of life" is admirable but to try and sweep issues under the carpet or ignore their existence and deny discussion is immoral if/when you're trying to simply talk something up for gain on exit.

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I see and understand your arguments, but sorry I just see the things differently no matter how aggressivly people here start arguing or how much outside pressure there "seems to be".
It is not about always looking at the bright side and being immoral. IT IS JUST MY THINKING THAT I WILL MAKE BIG BUCKS WITH SSN IN THE FORESEEABLE FUTURE.

We will see soon who was right imho.

c

SSN Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
6 Upvote

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I see and understand your arguments, but sorry I just see the...

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