Re: Question relating to $40mill financing dec 2007
in response to
by
posted on
Mar 05, 2010 09:16AM
Developing large acreage positions of unconventional and conventional oil and gas resources
>Wow, so sorry to offend you by offering my "opinion", given that the FACTS that you offer here are so overwhelming. The Ryder Scott report is essentially possible undiscovered reserves in place, a long way from a sure thing.
No, you didn’t offend me, not in the least. It’s just that your “opinion” didn’t impress me at all. Why? You see, someone with the long list of credentials as you claim to have, wouldn’t have waited until this week to do his DD.*
You rather sound like someone, who sold or shorted FO at .15 and was hoping to buy back at .11 as some people were predicting it, as I recall.
This also explains why you were so upset about my posting the S&P’s report.
*Ryder Scott Co. (July 2009)