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Re: neza62 post# 8076

Friday, 08/10/2007 3:15:19 PM

Friday, August 10, 2007 3:15:19 PM

Post# of 45178
MD, I'm coming from the perspective that until and unless Lanza is no longer in any position to provide influence, direct, orchestrate, or to continue to act in his own family's best interests relating to the impact on Black Dragon's shareholders, I remain highly skeptical that he will
diminish his long standing patterns.

Do I think this is a glorious step towards making BD a better run company? Absolutely!

Do I think the stock price will shoot up higher if a fisherman pulls a certain body out of the shallow depths of Caddo Lake? Oh yeah!

Mind you, I am NOT recommending any form of violence.

Theoretically, Mr. Ellis could execute in a manner that delivers a 5 fold increase in production. Also theoretically, the monies from that prodcution could conceivably increase the outbound flow to Lanza family enterprises. Theoretically, the price of oil could reach $123/Barrel and those sales could never reach BD's bottom line. Call me a pessimist - heck, call me a basher and a pumper if you like - for my money the job is not yet done. Lanza's prior consistent behavior and lack of conscience tells me to be wary. He's halfway out the door - I suspect he's about to make it all the way out in the coming months. Then I'll celebrate!