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Re: tryoty post# 127616

Monday, 05/05/2008 9:23:59 PM

Monday, May 05, 2008 9:23:59 PM

Post# of 361665
Which is why we haven't been bought out yet. While technology hasn't yet advanced to the point where they KNOW how much oil is down there, they at least have bought the tickets and are in the ball park.
Believe you/me there is a magic number out there SEO is willing to accept. I have a feeling the number would make all of our accounts look pretty healthy.
800 lb Gorillas buy companies all of the time on abstract potential. If Exxon Management went to their BOD with proof showing the potential that you, me , and SEO think is there......... I feel pretty confident that they wouldn't be told no.
The problem, imo, is that to date the Majors have tried to low ball SEO with the thought that he would blink first. He hasn't. Matter of fact, he has called the bluff and gone all in. We are less then a year away from everyone showing their cards.

Ronald Reagan was once asked what his vision of the cold war was. His response: "Four Words: We win; they lose." And after the fact?
"Today we did what we had to do. They counted on America to be passive. They counted wrong". God Bless President Reagan