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midtieroil

08/13/11 11:05 AM

#245341 RE: mz157 #245311

Peter Ntephe keeps thinking that the AIM is some kind of magic elixir that will bring in new capital. Fact of the matter is if you can't raise money on the OTCBB then you can't raise it on the AIM either. And unlike Peter Ntephe tries to tell us, valuations on the AIM for oil and gas companies are no longer higher on the AIM than they are on any other exchange. That was true for a little while but it is ancient history now.

Also, this BS of having to study the geology before they can tell us what is there in Chad is just plain stupid. You should know pretty damn well what is there when you sign the PSC for the blocks and be able to give the shareholders and investors an overview of what type of plays they are looking at. I haven't heard much of anything on the geology.

Fact of the matter is Peter Ntephe has told us so many things that have never happened and so many things that are simply not true that I don't believe much of anything he says anymore. And neither do most other people. That is why the share price is where it is. Not because of what people say on this message board. That is absurd.