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Gold/Mining/Energy : ABC - Abacan Resources, Nigerian Oil $$$ -- Ignore unavailable to you. Want to Upgrade?


To: Razorbak who wrote (2828)5/23/1999 5:56:00 PM
From: Arktic  Read Replies (1) | Respond to of 3156
 
Razor:

Looks like Foxy timed this one perfectly... I remained optimistic WAY too long. I was relying on data regarding initial well flow and the "X" zone. As Foxy says, sometimes the best of prospects can get screwed up by the "team". In this case, spending was wild and wooly way ahead of cash flow. The cards came tumbling down. A "school of hard knocks" lesson for me. I remain curious whether Stephens will be able to pull any tricks out of the bag.

The big news for me today is that five guys are putting a new roof on my house. Sounds like a 300 lb. rat moving around in the crawl space!!! Better have some cheese ready in case it gets hungry!

Later,

Paul L. Craig