Sunday, July 03, 2011 12:03:47 PM
Sorry to be critical at this point, but you need to learn to read English PRs with a much more critical eye, like the last one that required a June 22nd payment. Don't you think if that payment happened Wilmont would have PR'd the hell out of it? Also read the leagaleze, "forward looking statements" disclaimer at the bottom of PRs.
Pink sheet stocks never PR negative news, like a deal that went sour, or just never made it through one of the execution steps. They either go silent, or move on to the next wish list forward looking statement PR and cover their arse with the SEC/legaleze boiler plate "Forward looking statement" clause and rule that has been around since the 1930s.
Only way to get current facts is to ask Wilmont, and then decide if what is yes a lie or not.
There are only 2 reasons to risk money here, one is the oil in the ground (long term), the other is to trade the liquidity and volatility for dollars while it lasts.
Pink sheet stocks never PR negative news, like a deal that went sour, or just never made it through one of the execution steps. They either go silent, or move on to the next wish list forward looking statement PR and cover their arse with the SEC/legaleze boiler plate "Forward looking statement" clause and rule that has been around since the 1930s.
Only way to get current facts is to ask Wilmont, and then decide if what is yes a lie or not.
There are only 2 reasons to risk money here, one is the oil in the ground (long term), the other is to trade the liquidity and volatility for dollars while it lasts.
Ambition with out knowledge is like ship in dry dock. Going nowhere fast!
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