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Re: king oil post# 1538

Tuesday, 05/08/2007 10:01:14 AM

Tuesday, May 08, 2007 10:01:14 AM

Post# of 7653
You see nothing positive

that can come from the current news and agreements?

Looks like 500 is PP's surrogate... all he can do is count and spam.

I am not pleased with all that has happened in the last 6 months... it is clear that the original business plan has been abandoned. But it does look like there are efforts to establish updated models of the plan and steps being taken to move on toward production.

I think Jr's timetable was extremely optimistic and did not allow for any growing pains back in October... and there have been growing pains...

Some pains are STILL growing... but I think this is too good a process/product/story to fail. It will gain momentum and survive in spite of all the PPs, 500s, and other detractors... and in spite of the mis-steps and over-enthusiastic statements by the company.

We shall see where we are in a year... I'll be around... I'm hoping it will not be so for many of the fly-by bashers who are presently laying eggs on what they perceive to be carrion in order to clone themselves. I'm expecting we will be back up to at least the 40s by then.

JMO...


"I call investing the greatest business in the world because you never have to swing... All day you wait for the pitch you like,... The problem when you're a money manager is that your fans keep yelling, 'Swing. you bum!'"
W. Buffett

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