blowout - I just got off the phone with Thomas Smith, the CFO & COO, he's in PA. and what a breath of fresh air.
First of all I asked him when he finished if I could quote him and he said yes, I took some notes so here are some highlights.
If I got anything wrong, I will not take any responsiblilty, so please anyone, just take it any way you want to.
He said about six weeks ago communication from Management (Bob) stopped which put a halt to a lot of the forward progress we were making... these are not his exact words but what I took from it.
I guess Bob signed up some 3rd party to represent him and then went silent.
Personally I got the impression from the one interview Bob did that he's not comfortable with dealing with the public.
Back to Tom....He said he knows the area and the leases are very close to a town that is actually called Oil City.
Guess he's an accountant by trade and he said his focus is the first seventeen wells and that even if they only produced one BPD (and he said he was being very consertative) that the payback would be 50% in the first 30 days by his estimates at $80 per B, and that's a great opportunity.
I believe he said his focus is on the first 17 wells and then the 250 wells.
This guy get's right to the point, does not repeat himself and was one of the best ever conversations I ever had regarding DKGR,
I then told him about another investor here that has a lot of shares, and while I personally don't know her I asked if it was ok to give her his number and have her call and he said that would be ok.
I'm doing a lot more than I intended to here,
but I got motivated today to find what the heck has been holding this up and I think I pretty well know and like what he had to say and the fact we have a real project here, just hope we don't blow it, or let someone else screw it up for us beacuse they see the potential.
MC
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