You said, "since we are told this is not just another P&D." That really does not belong. Who told? Do your DD. SNEY is surely not P&Ding. Everyone is bitching because it is shut up tighter than a clam. No information. The only pumpers are Falon, rainmaker, Life, Risk, myself, and some others that are silent right now still hovering but not making waves like Nebula, Silver and others and they have been doing it so long through ups and dips that obviously they are not dumpers. And presenting arguments in favor of a company does not relieve others from doing DD. I've had opportunities to do as Cheeps and TR both advised and that is to dump SNEY and take my profits, but I'm still here.
Your a salesman, which means you hawk a product or your services because you believe in it or them. Well, we believe in SNEY. And this crap about it being a pinky is just crap. The first well package I put together was a rework down in Smiley, Texas and it cost $55,000 that I had to raise by cold-calling. A geologist brought it to me and I trusted him. Well, the owner of the property, a rancher, was delighted. Even more so, he was ecstatic after the drilling was done. We lost our $55,000, but he got a beautiful fresh water well. We guessed wrong. Today, I operate over 60 wells with production varying between 22,000 and 28,000 barrells a day. The budgets aren't so tight now, but there are some contingencies that can still arise and take you down. SNEY is on a limited budget, operating under tight constraints, in a land where it is under the thumbs of a chief that can shut it down with a nod. It can fail at any time. That possibility is what soem of us tend to focus on. If that is where the focus is, I say get out of the stock, walk a way and don't look back. If it fails, you won't know. If it goes to a dollar a share, you won't know. But you will be doing something else that brings you pleasure. Me? I like the gamble, and right now, that is all there is in spite of all the pumping from board members. We are rolling the dice, which hopefully, are a little bit loaded from our own DD. I own my DD. Do yours and own it too.
