Michael, Michael, Michael!!
Re: "No earnings, no proven reserves, no news = speculation." -- Is this your first law of speculating?? And, does it have the corollary, Earnings, proven reserves, news = no speculation??
Re: "Do not assume....in the future." -- WOW!!! And you know what Michael? I did not even know that I had made that assumption!! Silly old me. Do you suggest that one must always instead assume that such a well equates to an uneconomic well which will not be generating revenue in the future?
Re: "Ask some of your buddies...what they have to say." -- Well Michael. Why on earth would I ever need to waste their time? I get so damn much useful advise from you!!!
Later,
grayhairs
P.S.-"There is no such thing as a sure thing!"- Paul D. Newendorp, and
-----"The man who insists upon seeing with perfect clearness before deciding, never decides." - Henri Fredric Amiel |
