Cutting...
For me, DD starts with PR's and works backwards verifying their claims. I also look long and deep at the management team, their background and who they do buisness with. In this case, other DD pointed to what this PR said before it came out. It was BIG confirmation. And most who followed this at least expected an increase in the A/S.
I am either a liar and a pumper or I am telling the truth. You decide. Either way, for me, yesterday's PR confirmed what I had heard from what I now consider trustworthy sources. And I don't personally consider calling PBLS a trustworthy source for information or DD. I don't like being cussed at. I don't like listening to a car salesman and his lies about "Hollywood contacts." I don't want to hear about NSS (though I believe it exists). I want verifiable facts and figures.
Want to do some needed DD...go find me a list of employees that work at the Murphy pit. I'll just take names and positions to start with. That's where my DD is going...how about yours?
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