Rskiff,
If you want to go there, feel free, I'm sure others who are invested in the company would love to know what answers you get (for the record - I don't even have 1% of what I used to own and that was a 6 figure number).
Personally from experience, I wouldn't believe what he said now. Even if it was genuinely the truth.
Been there, done it, got the teashirt.
Made a healthy profit, but it would have been $10,000's more, if I had stayed with the data and not listened to the spin.
Khaliqs,
You're easily pleased, $150M for SS, they've spent a net $100M+ on it so far
That would be a waste of 2 years - when in effect they achieved nothing. Sold a prime Eagleford position on the cheap and for what?
One swallow at NS doesn't mean a summer.
They may simply have hit a natural fracture near the well bore and that is the source of the oil. They are holding back on Debnam, don't know why, but both wells are on the edge of the lease position and those drilled in the middle thus far have failed to delivery.
The fact they are not moving ahead quickly and trying to repeat the success in the middle of the lease area speaks volumes.
LOTM
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