Monday, June 14, 2010 12:38:50 PM
also, Its hard for me to imagine that barnett would have spent so much time fighting lanza for assets that didnt speak for themselves--that is no one would ever take lanza's word for it if caddo, concord etc was all just a joke, this is not about planted DD, this is about reputable mid to large cap companies making a fortune in oil and gass along the texas-louisana boarder. If the company winds up owing barnett some bucks then either it will never be able to pay him back because all the assetts are worthless which in that case his only hope would be to prove he's not screwing the company in order to do a pump n dump, or the assets are hugely valuable, and barnetts slice will wind up being small in the face of the big picture.
IMHO, its the latter situation, it will not happen overnight but it will happen.
bottom line, I am not going to beleive a bunch of would be oilmen that say because lanza originally owned the assets that they must be worthless and even more worthless because barnett now has them, no I beleive what their reputable neighbors are saying about what they are seeing in their own backyard, It does not jive that eveyone but these guys have it made
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