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marsnvest

07/11/07 10:38 AM

#7073 RE: Offaly Oil #7072

Offaly, you are correct with the transparency and we are approaching break even on cash flow despite the weather issues in La. I am expecting more positive announcements(that are accurate) in the near future.
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neza62

07/11/07 10:44 AM

#7074 RE: Offaly Oil #7072

yes, but localoil's post gets me nervous because it represents the opposite perspective to the recent prevailing optimism. so, the question is which extreme side of the spectrum is more accurate? i hope that Lou can clarify at least part of the current state of affairs with bdgr upon his return.

so for now, i guess i agree with marsnvest, to wait and see what transpires, at least for the short term.

personally, i would consider buying if the price dips a bit this week, dollar cost average some more, add more shares in case this thing does turn the corner and takes off, and i can always sell the additional shares at the first sign of trouble.

it's been a long, tough ride for bdgr investors, let's hope our time has finally come.