Re: Soly's message
in response to
by
posted on
Jul 08, 2015 02:36AM
Developing large acreage positions of unconventional and conventional oil and gas resources
Patience is required, $1 to $5 is not the end point, look at the potential reserve of this land holding. This company was at $7 a share and had potential but nothing compared to what it has today with the potential of the Beetaloo Basin today disreguarding S. Africa and Hungry. The geologist want confirmation of what they think they know. 100 meter plus thick paydirt. How far and how many acres of sweetness. No hurry, price of oil and gas will get better, just confirmation of resource and figuring which method will provide least cost to develope. Warren Buffet always say look at what will be and not at when it will be. Hang on till pay day!