InvestorsHub Logo
Followers 26
Posts 3114
Boards Moderated 0
Alias Born 02/03/2005

Re: oldoil post# 329682

Friday, 05/24/2019 12:15:07 PM

Friday, May 24, 2019 12:15:07 PM

Post# of 360679
I have been around since Offor first negotiated blocks 2,3,4,5,6. Not sure I remember you back then. I could now own 150 million shares for what I had into this when the sp was .70, .60, .50. When I sold I held a couple hundred shares just to remind me of the investment...still have them.

After the lack of any drilling successes to date I assume Offor has no choice but to sit on this and hope for renewed interest in a deep water asset. Will it ever come....who knows? In this lifetime...who knows?

I just pop back occasionally to see if there is anything new. I may buy 250,000 shares at this price. If it turns into anything....fine. If not...I'm not out much.

Just doesn't seem the same these days. Too many opportunities that didn't work out. So many previous investors gone.

Good luck. Hope it works out for you and others here. It's such an expense to drill in the deep waters I don't blame oil companies for looking for other alternatives.

Badog