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rayovac812

12/18/12 9:19 PM

#8636 RE: Arlocali01 #8630

The BIG problem is that seaohtoo is a lower risk investor. Which means that with success, he will make less. With failure he does not lose as much. SIOR is high risk until it isn't. It has been spelled out for everyone here. Paying someone to transport waste water is too expensive. Kind of talking out both sides of ones mouth to say SIOR has no money, and suggest a vendor. If SWD wells are drilled, then I am thinking that someone other than SIOR had to pay for it. All the signs are there for a deal indeed being signed and secretly acted on. It is sound reasoning to have logistics completed prior to drilling. Sounds like someone with money "does that." Why are they waiting to get filings updated? LOL!
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SeaOhToo

12/18/12 10:57 PM

#8638 RE: Arlocali01 #8630

Lmao, real logical. Drill for SWD before oil. If just doesn't make sense. I'm sure others here can tell me all the companies that drill SWD wells before they drill for oil, then go on hold for years before they drill again.
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SeaOhToo

12/18/12 11:00 PM

#8639 RE: Arlocali01 #8630

Yes, many PUBLIC companies go public, drill SWD wells, run out of funds, not report, raise funds to drill for oil.

Hummm, proved reserves??? Must have missed that....