KAR 1.72% $1.48 karoon energy ltd

sorry - can't see the silver lining, page-2

  1. 1,325 Posts.
    Hi haroldparsnip ,

    To continue to drill a dude just to delay negative news is just bad financial planning .

    With a drill campaign like MEO with a one well shot it may make sense to allow big investors time to bail and leave us sucker to hold the bag .

    karoon is different ,it makes no sense to delay bad news as this only cost them money as they have other wells to drill sp to them doe not matter at this point .

    what we saw today was a little panic and maybe a little manipulation,but i didn t see massive volumne heading for the door .

    They are on to something and the fact they are logging while drilling and continuing to drill says to me they know its there .
 
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