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midtieroil

07/23/12 10:41 PM

#262348 RE: DegenerateGambler #262345

I, like you, am quite sure that the company has a plan to finance its current acquistion binge. It would make no sense if they didn't. But plans are not contracts and this company is known for not completing their plans on a timely basis or worse yet, not completing them at all. So I don't really care any more about hearing about their "plans". I want to see a a PR telling about their signed contracts and their accomplishments instead.


And While the recent price increases are nice, especially on a percentage basis, we are still up only about a nickel. We have a long way to go to get back to 90 cents.
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TOB

07/23/12 11:08 PM

#262351 RE: DegenerateGambler #262345

Excellent post.
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Krombacher

07/23/12 11:36 PM

#262353 RE: DegenerateGambler #262345

If Kenya turns out to be the big hit I think it will be along with free carries as the deal with Marathon and Africa Oil proves can still be possible...

...then PN's conferences, which landed him Thuo and Kenya will be well worth it...despite everyone's initial opinion that the high cost travel to conferences was a waste of money. Look like PN will be vindicated and appear to be quite the genius and really a leader..
because a true leader fights the naysayers and wins.

Gandhi said it best:

"First they ignore you
then they laugh at you
then they fight you
and then you win"

Krombacher - the above maybe wrong
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Julius Erving

07/24/12 3:40 AM

#262358 RE: DegenerateGambler #262345

Your post is an excellent example of a change in demeanor, solely because of the fact that the share price is rising.

It's perception to a large degree. Peter is still the same Peter, maybe (very likely) we just could not properly judge his performance.

I wonder what excuse the negative posters will come up with to explain away that the market is ALWAYS right.

Nothing changed fundamentally with two weeks ago (not that we are aware of anyway), and yet the 'MARKET' now sees it different.

That is why I said to that poster a few weeks ago, that the Market is (of course) NOT always rigtht.

Would he agree with me now?

Nah... probably not. Lol.

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Tamtam

07/24/12 3:47 AM

#262359 RE: DegenerateGambler #262345

This must have to do with Chad and Kenya, since no news on the JDZ/EEZ has been forthcoming.



IMO we can add the possibility that the EEZ negotiations were put on a halt because of Kenya(which we didn't know of at that time) but now that PSC is signed they moved forward in the EEZ. Maybe we hear some news shortly about the EEZ. I for one wouldn't be surprised.

Tamtam