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Re: Hamilcar54 post# 9502

Wednesday, 07/13/2016 9:50:48 AM

Wednesday, July 13, 2016 9:50:48 AM

Post# of 25805
Hey Hamil -

Here's what I wrote on #9489 :

need a major event to change the dynamic, otherwise, price will stay in a narrow band.

BTW, with regard to 2017, I wrote this in a post back in May after the 10K or Q was out:

<<Yes, and sadly, this tells it all (unless someone has something to the contrary):

Drilling requirements:

PEL 112: Drill one well - January 10, 2019

PEL 444: Drill one well - January 11, 2021

I'd like to qualify the above by saying: "Un-Freakin' Believeable"

Anyone who puts a positive spin on this is delusional.

GLTA>>