Mad Monk: and Mark Schulz. This is quite an interesting thread. I think however, that the pump phase has been over above one, and now you are at the bottom of the dump phase. Very few stock recover from the dump phase (assumining of course that EM is nothin but hot air.
EM cannot detect anything which is under conducting strata (such as salty water). Many oil reservoirs are associated with either a clay dome or a salt dome, I would venture that all reservoirs that are under salt domes cannot be detected by EM due to the high electrical conductivity of pockets of moisture in, above or below such domes. That leaves clay covered domes, and there I would guess that some residual conductivity due to ,moisture and electrolytes locked in the clay could also play havoc with EM. So, maybe, the technology is nothing but hot air.
Good luck to you all. I'll follow up this saga, and if Mark is right (and I otice some real buying) I may wet my toe. Currently, I am still of the opinion (as I was few months back when this stock was, I believe close to 1), that this is a death downward spiral.
At least this is rational thread where they do not shoot the messanger (so far).
Zeev |
