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Message: Re: Stockhouse post - spoke to BC-update from poster

Jan 29, 2008 11:31AM

Jan 29, 2008 06:41PM

That's how I understand the current reason for waiting from discussion with BC - rapport with that particular Halliburton crew plus the desire to deploy specific testing tools whose availability is limited. MEO's willingness to wait for the personnel & tools they need rather than "settle" on what's readily available gives me confidence they are thinking deeply and using our $$$s prudently.

We know we are in the vicinity of our target, so our stress should be roughly proportionate to our confidence in our employees (MEO management et al). Personally, I'm not stressing on that score, I'm encouraged by their willingness to seek additional expert input by engaging consultants (not every management has the wisdom to recognize they need help to optimize operations nor the courage to act on that recognition).

FYI - I recently topped up at 10 cents and my confidence level is high. Having said that, stock investment remains a gamble, albeit hopefully an educated bet.

Good luck to fellow MEO supporters.


Jan 30, 2008 07:14AM
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