Replies to post #12512 on Addax Petroleum (fka AXC)

[ssc]

If facts about a company are something to fear and visibility of those facts result in negative movement of that company's stock, why would anyone expect a long position to increase in value?

[nwtf]

I remember when they were pumping the JDZ. I posted numerous times about the % of success in the ultra deep water environment.

But nobody would hear of it. They were convinced it was 70% because of the oil seeps on land and the closeness to some other oil bearing lease which was aloooooong way away. Plus they had all of these supposed experts from the oil industry that for some reason kept on leaving.

The History of this company is not good.