Wednesday, April 23, 2014 12:27:06 PM
But forget what SOE would think or do. The question was ... What did they do with $250000. By your line of thought we couldnt do anything at all while SOE had an exclusive so when the exclusive expired they should still have the 250K in the bank. They still could have drilled.
What did they spend $250K on?
Maybe they would have realized they were getting a deal and better close it before they drilled and had a resource estimate.
What do you think SOE expected Scott to do with the money? Pocket it?
An exclusive does not give you the right to govern the companys moves.it only secures your place as first in line.
Not to mention they did not have to inform SOE what they were doing.
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