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Friday, November 15, 2013 11:40:04 AM
And then there is an LOI that has dragged on for six months with no mention of the terms, no mention of the expiration date and no mention of the company involved. Could any of the lower share price because of that? Chad is over two years old now and maybe they are now finally getting around to the environmental study. Maybe. Caracal drilled 6 wells in Chad in that period. You think that mattered to any potential investors? How about the people who continuously promised a higher share price and said they were buying every day only to see the share price sink farther and farther. Could that have been a factor too as people got frustrated by all this positive talk with no results? How about continuously blaming the shorts for the share price when that was obviously not the case. You think that affected the share price?
If anyone wants to blame this one message board for the current share price they certainly have the right to do so. But I think the real reasons are clearly stated above. Maybe some people here pointed all these things out, but they are ALL true and they ALL have had an affect on the share price. Bottom line is people don't need this message board to see what has been wrong with this company. They are smart enough to figure it out for themselves and they have.
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