Replies to post #8228 on Strat Petroleum Ltd (SPRL)

[kcim8675]

MrSparks - I believe they start accumulating the 400 barrels as of the 22nd through the end of the week and then ship.....at least that's how I read the statement. Good news no matter how you look at it.


kcim8675

[Hurricane_Rick]

Sparks,

This weekend I had made plans to phone Sam and one of the main points of clarification I sought was to determine how the weekly production has been. I think I posted earlier that I give Sam & Co. a lot of leeway with the understanding that they are extremely busy and understaffed at this juncture in the company's development. So I don't get too worried if I don't here anything from the company for certain stretches. I allow them to progress at the pace in which the company either dictates or is capable of doing...as long as updates and developments are made public within a reasonable amount of time. However, I did want the current production numbers clarified so I that I could be sure that I didn't misinterpret anything from the original PR or so that others could contort the verbiage to come up with exagerrated and nefarious scenarios. I was very pleased to see the PR spell out everything in as much detail as I would've liked to have gained via phone call.

This was a very good PR to emphasize to shareholders that the company is progressing on the sludge remediation front. Although the market didn't react as favorably to it as I would've expected, I think there was enough information conveyed that would ease the minds of worried or curious long-term investors.

Regards,

Rick

[velvet mallet]

Don't expect the company to keep everyone informed of a "blow by blow" description of "daily" or "weekly" activity. They don't have the time for that and they will never commit to such an arrangement. You have a very few people doing a lot of things to keep expenses down. So, in short, it ain't gonna happen.

I spoke with Joseph yesterday and am awaiting a call from Sam but he is out of town on meetings. I spoke with Tanya today and she said she would relay my message to her father when he calls her. When I have something of substance to report I will post it on this board.

If you are expecting daily or weekly progress reports you will continue to be disappointed. Strat is a sludge processing company, not a news organization and Sam is doing most of the work himself.