Lucky, it was clear to me that they did not own the drill. However, I talked to Tom before I invested and he told me upfront that EDEX had only a 33% ownership. He never tried to pretend that he owned them or was the operator.
Again, all I can tell you is that Tom was always upfront about the ownership of the Mesa well when I did my homework in deciding whether to invest in this wildcat drill or not.
I can tell you is that it was quite clear on the board also. Not that the board is an official PR, it is not.
The other thing I will comment about is that this is the norm in scores of investment opportunities I've seen in pink sheets and others. Almost all say "our well" when they talk about an opportunity even when they might one only a small percentage.
People do that too! Someone might say "my company" is doing this and that, when they only work there. I understand that they are not raising capital for investment in a statement like that - only to point out that it is a common habit for humanity to express ownership, whether it is a person talking about a family event, a church, a business, and yes, an investment.
All of the opinions expressed here, inclusive of all my past, present or future post, are mine, and mine alone. The opinions expressed are not a buy or a sell recommendation. Do your own Due Diligence.
