Re: Stockhouse post - spoke to BC-update from poster
in response to
by
posted on
Jan 30, 2008 05:27AM
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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.