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Saturday, June 24, 2006 7:48:58 AM
And people wonder why I no longer like taking a position or commenting on amounts of possible reserves, etc......lol.
If you go back to some of my original posts (and I'm sure many of you in reading this will do just that) do you remember my initial thoughts as to the possible quantity of total reserves in billions of barrels that would ultimately be revealed.
Take a look at those numbers and look at what others are flirting with these days (but certainly only as possibles). How do they compare?
Naturally we will not know specifics and facts (in order to satisfy Maestro) until every last drop has been weighed, measured and logged in as "proven". Oh yes, we'll also have to do the "sweet and sour" analysis as well in order to determine total $$ value in crude form.
I'm sure someone out there will pull up my initial "dart board" estimates. I look forward to revisiting those again. They will most certainly give you fodder for some good old fashioned "bashing" of me.
Or will they?
I've been truly blessed with some of the lovely pricing I've gotten thusfar on my initial buy-in. In my book, anything under $2.00 is a good price assuming you'll be "holding the line" for a while.
One finaly note...can we let the Easter thing go away? Actually did I say "by Easter" or "by this coming Easter?" Just some dry British whit there.
U
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