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cris1

07/23/10 4:18 PM

#18167 RE: gold56 #18166

Since I have never seen such an occasion, but based on other comparable things I've seen, I might buy such a story. Except for the focus a camera part.
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Sheepdog

07/23/10 4:50 PM

#18169 RE: gold56 #18166

You said the company had a camera as an asset. I assumed it was auto focus. Now I have to reevaluate the value of the company to about 30% of what I thought it was, also allowing for the irons that have likely melted by now from the years of being in the fire.
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grapeman

07/23/10 5:08 PM

#18170 RE: gold56 #18166

That is because oil follows salt columns
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gold56

07/23/10 5:46 PM

#18171 RE: gold56 #18166

They only have a 20% working interest
in the camera and the "irons in the fire".