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Re: midtieroil post# 316510

Tuesday, 06/14/2016 4:29:17 PM

Tuesday, June 14, 2016 4:29:17 PM

Post# of 361285
*I* am the one that has been posting that Africa Oil took 3 years of drilling, so quit posting lies that I think this will go to $10 with Tarach-1.

The desperation to discredit anyone that feels this well is going to be the start of something very exciting is off the charts.

I have a theory... it goes like this:

The value of proven reserves triples as they go from proven undeveloped to proven developed. If the value of the proven undeveloped can be suppressed, a significant risk free 3-4 bagger can be had by buying after a discovery derisks the investment.

That explains that massive time and effort to undermine any talk of valuation spikes on discovery.

People maintain anonymity for a reason and it is rarely noble.