An honest assement, an accurate assesment, of somebody looking for a 3 letter stock, somebody who might have failed to ask all the "whys" to the numbers.
Dawg, this is wildcatting. Lest you forget.
It's the possibility of 1T or more cubic feet of gas that this stock is about, not the "numbers only". It is also about future leases and company growth.
Context buddy.
So, you must be "kidding" us about your riding off into the Sunset.
One last question, do you know how much of the dilution has gone to purchase leases? Until you can factor the use of dilution, you should be careful about slinging the stones you are casting. There is much much more to the story than the accounting only you have listed. Those who see only numbers loose the painting.
Those who see only numbers will pay over a $1.00 for this .13 stock. This is fine for anybody who wants less risk. NP. But before you rain on somebody else's parade, you better get all the facts and understand their ramifications and future results. The lack of future understanding and vision costs many.
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