SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Enigma who wrote (1663)10/13/1998 10:51:00 PM
From: Bearcatbob  Read Replies (2) of 2306
 
Thread,

The problem is simple. The promises have to come true. For the promises to come through the cash flow has to start before the cash runs out. It seems to me that every time we miss we have to give away more of the resource to get the next wells drilled. Perhaps we should wait for the IMP/BKP well to start generating money.

Schedules and projections seem to always run into Murphy - and remember the first corrollary to Murphy's law - Murphy was an optimist.

We need cash flow!

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext