InvestorsHub Logo
Followers 1
Posts 346
Boards Moderated 0
Alias Born 04/05/2012

Re: joseytheoutlawwales post# 9657

Friday, 05/19/2017 10:23:08 AM

Friday, May 19, 2017 10:23:08 AM

Post# of 25763
I think the battery on the clock is weak and running out and no replacement battery has been purchased to keep it going. Management is content to sit and wait (hope and pray)until forced per the contract to explore when we all know the window for favorable prices, if ever achieved, only stays open for short periods. They should be finding oil now while cheaper to explore and sitting on it to release when pricing dictates or at least creating some value. The lack of commitment to raise funds to drill only makes me fear they are not confident, after several misses, that there is oil here. We may all be in electric cars and have solar powered homes before these guys figure out what to do next. I expect nothing happening until 2018 when forced to do something per lease agreement. If TChauncy (who once championed and has now disappeared) or anyone else has a different take I would welcome the thoughts!