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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C) -- Ignore unavailable to you. Want to Upgrade?


To: Enigma who wrote (1663)10/13/1998 10:51:00 PM
From: Bearcatbob  Read Replies (2) | Respond to 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