kentrcrek
I am far from an expert too...but theres a deep flaw in your sentence.....
"I am not an expert but they already have a sucessful well that is how they know 3+ trl cu ft.
how in gods name is this if they havent 1. drilled it yet
and 2. successfully pulled it out?
ask NIDOF who is in the area with their most recent, supposed slam dunk, and how successful it turned out? They burried it my friend ,,,,it was a failure,,,stock was cut in half and has not recovered yet....
Please use the correct terms........I for one know that the majority will call this a great find with great POTENTIAL.....but far from proven..far from succesful.
other things to worry about? no need to find new stuff yet...our plate is full as we speak.........and yet i still think the stock has good potential ,,,getting better everyday that financing gets in place and china stays quiet as we proceed...........
cash cow? wheres the cash right now?.......possibly one day yes,,,,but its not there yet..stock is priced correctly all things considering..........philipines petro will drop hard short term.......
about 6 months ago someone 1,000% more intelligent on this subject than the both of us combined listed the post of the process and potential pitfalls of this time consuming investment...........Yes,I keep thinking malampaya too.......but lets not call an apple an orange...its not succesful.YET............and no guarantees either.
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