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Re: A deleted message

Friday, 08/19/2011 3:56:07 PM

Friday, August 19, 2011 3:56:07 PM

Post# of 103302
Yep... that is right when NO DATA IS PROVIDED...

KING OIL was RIGHT ON CONCERNING THE LACK OF GOOD DD PROVIDED!!


So let me see if I understand. The only rebuttal to bearspread's reasoned analysis is that there is no data. And the reason there is no data is that LLEG has not seen fit to provide any? So in the absence of that data ANY DD is going have to based on what is known...no matter how little. An investor is left with making assumptions...and on that basis it is some if the best DD I have seen.

I have yet to see anyone poke a hole in the analysis that bearspread has done....other than to say there are no facts. That is not his fault...it is the fault of LLEG. And frankly given what little is available his analysis is probably the most reasonable estimation of what that payout is going to look like.

For those that don't want to "wait and see" it is probably the best guess as to what it will be.

If someone has as detailed an anaylsis that can stand up to reason that it is in the $20-70 million range, I would love to see it.

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