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Re: sahd3g post# 18091

Friday, 11/14/2014 10:11:30 AM

Friday, November 14, 2014 10:11:30 AM

Post# of 21090
Buy when it hurts only works in some scenarios. This company is burning cash and has its hands tied. 2 worst things that can happen at the same time. We are essentially paralyzed. They need money and no one would buy a stake in concession until the investigation is finalized and no one knows how long. Same goes for an announced drilling date. Every time we think we turn a corner, we get kicked in the nuts. Once the FM was lifted and we won that settlement we thought we would turn the corner yet again. What happened? Ebola and declining oil prices. I'm only holding because I think we're sitting on something big. I just hope we are the ones that realize the gain. No doubt someone will in the future but it might not be us. You have been preaching this unlimited upside argument for a while. I just don't think it's in our cards with everything we have against us. Even if the investigation is settled, Tullow might not drill at these oil prices. If they do not, maybe we can find a buyer to take us out. Again, investigation needs to be settled first. Am I wrong?