Jimmy24 you said Quote "Based on press reports, it looks like the oil industry would not farm in, we do not know the reason but the press commentary indicated that the industry view was that another well was required, as I too have indicated for a long time"" what press report could you let me know where I could read this.cheers
Bullboyj, I admire your optimism, but can you explain why the S.P is falling and high volume of shares been sold on a daily basis. There is no point looking past Barryroe for now, as a failed farmout will only mean one thing more dilution.
These O'Reillys are full of BS. What a terrible investment here
Hopefully too busy working on the farm out
When you think about the people who really need this to work are the O'Reilly's. If it does not, they will have nothing.
Hard to tell. The tax situation may have something to do with it. They could sell some shares at a lose for capital gains tax, then buy them back again, and then announce the farmout.
No Volume for a couple of days now. This is a good sign for the farmout I would think
HI guys, might be relevant here but I have been involved in several long periods of negotiation in my life, it has been my experience that those you can detach themselves emotionally from the time period involved tend to be the best negotiators, you keep at it until you get the deal you want and NEVER become emotionally attached to the end of the negotiation...
This sp has never reflected reality logic or reason, why should it start now...
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