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Re: None

Friday, 09/13/2019 11:26:26 AM

Friday, September 13, 2019 11:26:26 AM

Post# of 7909
was anyone around during the Cobalt startup followed by their IPO (that raised $850M)?

I wasn't following it but I am somewhat aware of the later crash and the cause of the later collapse (kickbacks to foreign officials that ran afoul of international anti-corruption laws)

the reason I ask-

hearing a summary of the rise in market valuation of Cobalt, a small independent exploration company, when they hit a large subsalt oil reservoir, might be analogous to what will hopefully happen here

spec

- Foglifter -