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Re: packerfanbud post# 23249

Saturday, 06/18/2011 12:22:04 AM

Saturday, June 18, 2011 12:22:04 AM

Post# of 38410
I am starting to believe that no news is good news.....the fact is our wants and desires really are disconnected from the smart play I believe. Take Renfro, highly successful in his previous ventures, driven obviously , an ego which drives him to be successful and a complimentary background to pull this off. In the grand scheme of things how much oil is really getting pumped right now? Not much in comparison to peer companies, however the upside potential is enormous. Would you not keep silent? Continue to tap the available resources in your portfolio which takes time as we have learned from industry posters and then release the flood gates.... If a PR today could triple or quadruple the PPS then what would the same PR do with the market in full swing after the summer. Which by then would also include multiple wells converted from shut ins to operational. We all give Renfro tons of credit and many have said they only invested based on DD that proves him as a reliable and time proven business man. Again if you were in his shoes what is 30,60 even 90 days of work,waiting and silence worth. I say it's priceless.....do you want .28 cents today or 1.50 in September. Using pac fans DD as a basis in comparison you will find many industry peers with a lot less potential trading in the dollars in the OTC market place. Look at union town for example and there are many more examples of compnies with not nearly the stable of prospects of the proposed merged entities as well. Well enough with my diatribe....you've plenty of time buy the lows and take advantage of Other posters cheering to make some money in the interim.( the "well" use isn't intended as a pun btw.) good luck to us all!

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