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Re: hillzman post# 267

Tuesday, 06/02/2009 5:46:07 PM

Tuesday, June 02, 2009 5:46:07 PM

Post# of 432
You give more credit to GN than I will... Sure he can find oil / gas but his mingling of personal and business finances leaves a lot to be desired. Let him find the oil but keep tight reins on him when it comes to finances is how you have to handle him. Overextended SNG's limited finances on the bet of stable / higher commodity prices. Without Liberty / buddy loan to Challenger / Libya concession / private aircraft leasing company, etc. I believe SNG would have had just enough to see the 3 wells through w/o going into default.

Just hope we come out above a buck. I will lose plenty but sure is better than the 30 cents we had a couple months ago. Sheesh!
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