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Re: RookieInvestor1 post# 7755

Thursday, 06/07/2012 5:33:51 PM

Thursday, June 07, 2012 5:33:51 PM

Post# of 133793
The big mystery I find with UNGS is their apparent inability to exploit the vast mineral rights they own. They only purchase wells with previous production history. So, with the massive share numbers, are we all supposed to believe they lack the ability to hire a few more workers to expand production?

I fear they may be little more than a "false-front," an apparent legal scaffolding used to dispose of cash. I'm even more disturbed by unsubstantiated rumors I've heard about the son living a lavish lifestyle globe-trotting. Allegations are that the son has an impressive speedboat, and has a passion for diving. Are his favorite diving places near the Florida Keys?.... I wonder if he ever encounters sunken treasure?....Is anyone thinking this through?

...A simple solution for the Anderson clan....You are encouraged to get your operation up and running like an authentic enterprise with actual production, and drop the hogwash, and sleight-of-hand maneuvers.

Of course, we will all love you dearly if your stonewall-silence is because UNGS has been purchased by another concern. That could explain all the mystery, and silence. Is there anyone still here leaning toward the buyout theory?...It has to be my favorite ending...and would best serve the Anderson boys too. Have never had the pleasure of meeting them.

Life can be hell sometimes...

Best Wishes
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