Saturday, September 23, 2017 9:46:38 PM
However, I do believe, at this point in time, the potential of this being a scam is minimal. I believe the field are real, it is being harvested, and it will be sold for huge profits.
It is possible that many of the issues of the past were from honestly trying to make things happen and failing miserably while covering themselves nicely and leaving shareholders to hold the bag. If that is the case, it is very possible that this time they got it right. The question then becomes about how the shareholders will be rewarded for trusting management. Will they reinvest in the company, pay off debt, share reduction? My concern is management paying themselves huge salaries and bonuses that soak up all the profits once again leaving us with nothing.
I believe there are many people who have lost a ton on this ticker waiting for something concrete from the company before taking a chance again. If we get what we are hoping for, we are going to have an amazing run in the short term from people jumping in from the sidelines.
I am riding freebies so I can't get hurt, but I assure you I will get out quick if I get uncomfortable.
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