Over 1 week ago they stated on the conferencecall that they were performing wireline logging.  To my knowledge this does not take more then a day or so. Anyone have an idea as to why we have not heard anything about this yet?

'cybersssss' pid='52297' dateline='<a href="tel:1416702 Wrote:

Over 1 week ago they stated on the conferencecall that they were performing wireline logging.  To my knowledge this does not take more then a day or so. Anyone have an idea as to why we have not heard anything about this yet?

You are right.  It is well past time that they could have shared something from Bobcat if logs were all they were doing.  Let's hope they have started a production test.

Whatever the answer is it is probably the same reason they gave us so little information on Raptor.  As I stated in another posting, I think we may be seeing two different people influencing the press releases.  My guess is Hession is back in control and thus we ain't gettin nothin of much value.  But for a short while someone else was driving and we got a little more.  Maybe that was Finalayson.  My speculation.  Use or flush.  If true, then this could be an indicator of fundamentally different views at top levels in the company as to how to run the company as regards PRs.  So we may want to keep our eyes and ears open for indicators of friction between the two guys.  Hopefully if it is there, then it is a minor issue.  When you have all this management and such a small company and limited amount of operations, I have to think that it is easy for egos to get in the way.  Those guys don't have enough to keep them busy.

Although I don't like the lack of detail info, I have to admit that there seems to be a floor on the PPS which also seems to be creeping upward in an environment where the PPS of energy stocks in general have trended sharply downward.  Also there is a steady decline in the short interest.  So in that sense, less info is translating to more PPS for IOC as of lately but still far short of the PPS before the plummet of December 2013.  When I see a plummet like that in a stock, its a red flag to keep away.  Its almost a year now and we have lots of good news pending, but we are still down.  The "fool me once, shame on you; fool me twice (or in this case a multitude of times), shame on me" rule is probably still being applied by many investors.  Once there is a fall, it takes a lot or change and compelling evidence to convince people that things have changed.  On top of that, this is purely a speculation play with no recurring revenue stream.  So only a fraction of the market is interested in those type of investments.  BUT all those negative comments said, I think we are seeing the thaw of the iceberg of avoidance which is translating to the slow upward creep.  Just hope it continues.

I have to say it is pathetic at how little info we got on the Raptor production test.  This seems quite abnormal compared to what I've seen from other companies.  Those other guys want  you know the results.  Not so here.  Makes you think one of two things - the results sucked or the results were great and release of  info as to how great they are may harm some competitive advantage or leverage they believe they have OR create or contribute to some threat they don't want.

Quite a mystery to me.  But like many, I see the resource opportunity and am patiently waiting for a potentially huge growth and hoping they don't screw up this opportunity.

'ArtM72' pid='52299' dateline='<a href="tel:1416710 Wrote:Kaliboo - I'm not nearly smart enough to think I know what's going on. Having said that there remains no reason why I would consider reducing my exposure to the future with this company. Elk...Antelope...Triceratops...Raptor....and Wahoo, not to mention Bobcat. The best of all life is the tension between love and hope. Damn if this stock doesn't have it all in spades. Many, many thanks for your insights. You and Pet are incredible. Keep the lamp of hope burning...but only if the data supports,''' Best regards, Art

I have me and five very close family members invested in this company and it is no trivial amount.  It's been a helluva ride the last 2+ years.  If they just shared more well results that would be a great help.  Unlike the prior days it's now looking more and more like a sure winner, but may be real slow getting there.  Discovery of a 200+ million bbl oilfield would solve all problems.

Can't say why but we hear more about Bobcat and Raptor by month end.

Assume with the PNG Conferencece end of month we hear more about Bobcat and Raptor.

'jft310' pid='52301' datel Wrote:Can't say why but we hear more about Bobcat and Raptor by month end.

Oh Please!

'cybersssss' pid='52297' datel Wrote:

Over 1 week ago they stated on the conferencecall that they were performing wireline logging.  To my knowledge this does not take more then a day or so. Anyone have an idea as to why we have not heard anything about this yet?

Cyber- No idea at this time. Seems unbelievable that we can not get info on wireline log results.

jft310 wrote:

Can't say why but we hear more about Bobcat and Raptor by month end.

*********

Sooooo, I guess this will be on Friday??