what a disaster, page-25

retrac,

:-)

That is a man was fearful to tread the path that we have followed. His timeline was decades - ours is somewhat shorter. Those remaining invested in SBR are likely to believe in the potential. The collapse in the share price will hurt but won't really make much difference to that potential - the company is cashed up for an extensive drilling campaign.

One lesson from Buffett might be applied here: he tends to stick to his guns once he has made his evaluation. That does not mean that he does not monitor and re-evaluate but he does not seem to be perturbed by short-term issues and market movements.

After all, they only have to get some reliable machinery and a team that can use it.