Excellent Jonesie! As I said, for the seasoned oil man, that letter was laughable as it was FILLED with "safe harbor" and other comments/phrases which "sound good" to the industry ignorant investor (i.e. "mobilizing.." LOL). A lot of CYA comments in my mind, just in case all the eggs in this only basket(?) of heavy oil/steam for months/buy old steamers & refurbish/paint them gold & green/increase production "capacity" (not actual production)/etc, never makes a profit. It cracked me up he actually used the word "realistic" when talked about "depicting" (depicting? LOL) a more REALISTIC reserve picture. Yes, realistic EVERYTHING would be excellent! LOL
But hey, if this stuff will help bring in investors to buy stock and get it out of the $2's and maybe even back to the $6 wallow wallow, you go girl! Don't stop! LOL
I think I know exactly why the only resident oil man, Bell, bailed out. As you said, his forte is to produce/sell oil, not talk about with "fluffy" words. I'll have to ask him next time I see/talk to him...
Geo
