GulfSlope Energy Inc (GSPE)

[smith199]

I am not a bonafide historian on the history of Exxon, but a while back I read an article that mentioned the “greatest” period of profitability growth for Exxon started during the depression era in 1931 and continued until about 1958.

I was not there to personally observe the sources for this growth, but perhaps it was partly due to investors of the time needing to find a safe investment that would pay a good return.

And just maybe things have not changed so much. Considering all the current stresses in the economy of today, would you rather invest in a new tech company or in a new energy company?

And I would point out that there have been many financial challenges over the past 100 years and most of the energy companies seem to have weathered them all and prospered.

The underinvestment in oil and gas energy over the recent past is now recognized by almost everyone and is considered to offer a multitude of unique global investment opportunities.

The GOM is going to be high on that list, and Gulfslope should get a close look by the principals searching for USA energy investments.

At this time, “steady as she goes” is the order of the day. After all, nautical terms seem appropriate for offshore use.



Mrs. Smith