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Strategyone

06/21/16 8:54 PM

#316769 RE: kingpindg #316767

Nice find kingpindg.
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farrell90

06/21/16 9:38 PM

#316770 RE: kingpindg #316767

Great find king! Surely all achieved objectives include finding oil in the places projected by the seismic studies in at least the projected amounts.

Hopefully "very successfully achieved" will exceed the projected estimates.

Lets hope todays 40% increase in share price is the start of a long uptrend.

GLTA, Farrell
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Nodak

06/21/16 10:05 PM

#316772 RE: kingpindg #316767

I would like to be hopeful but I did read his linkedin and it pretty much confirms that everything has been finished and we are still in the dark except for a leaked news report. I think if there was a discovery we would know about it. When he says he met all of his objectives he is just stating that the well was drilled without any drilling problems. Believe me drillers are some of the most short sighted people around all they care about is making hole, whether or not there is any oil or not does not really matter to them. The fact that he has updated it on Linkedin kinda shows he is off to his next venture.
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mhslowly

06/21/16 10:56 PM

#316774 RE: kingpindg #316767

King, an intriguing find. Maybe Nodak is right that drillers are all about doing their specific job, poking a hole properly, and nothing more than that.
Maybe he is right. But I was interested in the intensifier "very." Maybe he is simply touting the fact that the Tarach-1 drill was problem-free. Had he omitted the "very" he might have simply been saying mission accomplished but not an exceptionally clean job. But he chose to add "very" to "successfully." Don't know.

As Dr. O. Carl Simonton said [great quote!] "there is nothing wrong with hope"
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jsc52033

06/22/16 7:48 PM

#316803 RE: kingpindg #316767

all objectives is finding oil, you just drill a hole to see how deep it goes and what if any soil types there are. You spend the money in hopes to make money. To make money you need to hit oil