D. Bryan,
You make some excellent points and express some of the same things that annoy (ed) me. And not for a second do I think that the MGR management should be taken off the hot seat with regard to how they conduct projects and run a company. There were and are real problems, some that need not have occurred for a variety of reasons and some that were unavoidable. But I have worked on enough rigs and drilling programs to know if I am determined to salt core it would pretty difficult to stop me barring an impossible security cost. Add to that a foreign cultural context and remote proximity and the odds for "potential" exploitation of circumstance are high. Besides, project geo's (no insult intended to any geos reading) often have very little clue what goes on among non-management crew. That is just an occupational fact of life in drill programs the world over. From the way Dave is handling the "salting episode" it seems to me the company may be learning some valuable lessons on the fly. But without belaboring the point, I think you have mis-characterized Dave (only time will prove the point one way or another). Enough said from me on that. As for this being a "hand holding or babysitting thread", sheesh, just read back aways; especially some of the exchanges initiated by David Schaller and Bearcatbob among others. And that stuff implying I suggest SI should be "fluffy, without substance and no pointed questions" etc. isn't worth responding to. Your last paragraph quoted below is interesting.
"Just because someone has a PhD in geology doesn't mean they can run a company, it means they may be able to find the rocks they are looking for. Wake up and smell the coffee!! This turkey is on its last legs with not much future. You must have realized that sometime ago or you wouldn't have sold your stock would you??????"
I know quite well from mind boggling experience that a Ph.D. in geology does not necessarily understand how to run a company. But by implication you are concluding that therefore one specific PH.D in geology does not know how to run a company. Sorry, the logic is weak. I think the principals involved may just suprise us all. My coffee smelled good this morning and it "tastessssss gggggreat". If you think MGR is a "turkey on its last legs and without a future" then dump them. Dump them and enjoy the capital loss at tax time.
Contrary to appearances, I enjoy reading your posts. Some of your pointed questions are my own. Keep posing them to the company. But in the same spirit, allow for the differing opinion. Statement and rebuttal; both together are the beauty and strength of SI.
regards,
ghunk |
