I disagree, but we just don't know. One thing for sure is, with the price of oil near $110 today, possibility heading to $120-150 this year, our oil reserves dollar value have doubled over last year, just sitting in the ground. Nice problem to have.
Commodity prices, including oil, are the only investment vehicle exploding in face of the credit problem and the dollar dropping. IMO, that is not going to change in the short term. People are flooding to commodities.
Just think of what could happen too this DOG, if they showed life, a plan and value. This is the time to market yourself, get the stock price up and expand operations with an appreciated stock price. People are investing in this space for many reasons, not the lease being, as a hedge.
You cannot buy anything with our stock price in CHANGE.
Yes, we are all watching CB. Isn't it nice to know that our sole BOD, the group we elected to represent US shareholders and our interests, is the only guy watching over the CEO, which is himself? Is there something wrong with this picture? He better be careful because if you are right, all hell is going to break loose.
No one, in there right mind, would come out with a DEC PR that articulated a Corporate strategy that is broader than what we thought we were doing, if we were dead, at least, I hope not.
My bet is that it is going to go the other way. Of course, all IMO.
