No. You just didn't understand his point.
I simply don't agree with your logic. According to your logic, there will never be any new discoveries of worth or merit in the world to ever be drilled. According to you, if it’s not discovered by a major company, then no way it can be discovered by a smaller company. According to you, everything that is to be discovered has already been discovered. Everything under the sun has been done already for drilling and discovering other opportunities of merit.
The point is that common sense indicates this whole scenario is bullshit and not to be believed. Now, one can disagree with that, but until the deal closes, which will require financing in place, one should consider this a little too far-fetched to be believed. Especially, in light of numerous similar deals orchestrated in the world of pinks which never transpired and were never intended to transpire.
It could just be two financially desperate people with the ability to make a little cash on the announcement of a phony deal.
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