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Color
#28

(08-22-2013, 11:03 PM)ArtM72 Wrote:

(08-22-2013, 08:58 PM)ebster123 Wrote: No one can say we have not had very crappy communication over the years. We have always had a first rate resource and a second rate management and communication ( although I believe MH s a great addition). Not whining just stating a fact. I would love to hear everything in public but I know that I not feasible. In the absence of that then they should say nothing. The middle ground seems to confuse investors and the greater market. I have echoed my feelings many times as have you guys so we can agree to disagree. In the end, I sit and wait, not selling not buying (maybe I should but I won't).

I will say it.  I've never had the experience of talking at length with CEOs, CFOs, COOs or reading of hundreds of conversations with PR departments in any of the the stocks I have owned.

I will say it.  Interoil has not "always had a first rate resource".  That resource may have been in the ground for a couple hundred million years, but it was the people who today are being roundly demeaned who figured out it MIGHT be there and actually found it a few years ago, even where other much larger, much more well financed companies failed.

I will say it.  This large 'what have you done for me lately' school of whiners makes me sick, that otherwise smart, informed people can turn on a group of others that have accomplished and brought them so much.  And then you have the Johnny come latelies whose get rich quick expectations have be delayed.

A repeat of the poll of a year or two ago regarding expectations of gas value would be interesting.  I hope IOC management's expectation of what the gas is worth hasn't diminished as much as it seems to have diminished on this board.

I have to agree with you, Art, and thank you for stating so well, what I believe.

This is one of those investments that require infinite patience and a lot of faith in the underlying assets.  It is in an industry that requires mega bucks to develop resources and a lot of time, often involving partners, landowners and governments at various levels.

Dealing with politicians and some of the greed and corruption is always at or near the surface and difficult.

All of the above along with the interests of some very unscrupulous shorts that are willing to act criminally, makes for some very high volatility.

I am very appreciative for this forum, SHU, and for the most part, enjoy the posts here and of course, the information is often invaluable and reassuring, especially for one (me) so disconnected from those "in-the-know".  I enjoy the intelligent logical speculations.

The constant expression of disappointment in progress and management along with the accompanying whining serves absolutely no purpose, at least no positive purpose.

It does tend to feed the shorts and let them know how successful they are at driving the fear and uncertainty required for them to manipulate the pps.

While I sometimes agree with the emotions and have similar myself, I try not to express them here or elsewhere as I don't wish to be a tool of the shorts.  My options are, still and always, to sell, hold or add.  I have chosen to add on this latest dip in pps.

My investment in IOC is probably one of the largest positions I have ever taken on a long term basis in my investing history and I have accumulated a bit over 15,000 shares over the past few years, at an average cost of less than current pps.  I have no intention of selling any time soon, if ever, as long as I agree with the direction(s) IOC management goes and the quality/value of the assets continue to increase.

I am hopeful that, in a few years, IOC will begin to distribute excess profits as dividends,  which should be significant.  Of course, this will also drive the pps upwards.

We have no current need for the money we have invested in IOC so the fluctuation of the pps doesn’t affect our lifestyle.

Having been involved in real estate speculation and development, we are used to the ups and downs of the markets and realize that patience is required, so we are not easily discouraged.

We believe that IOC will monetize their assets and develop their resources, known and unknown and will one day be quite valuable.

We are also resolved to the fact that IOC will be subject to and vulnerable to higher than normal volatility, as we have seen all along. But, eventually, once the assets are sufficiently monetized, this too shall pass. We are in for the long haul.

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Messages In This Thread
Color - by Putncalls - 08-22-2013, 07:10 AM
RE: Color - by ltinvest - 08-22-2013, 07:13 AM
RE: Color - by Putncalls - 08-22-2013, 07:17 AM
RE: Color - by admin - 08-22-2013, 07:39 AM
RE: Color - by Putncalls - 08-22-2013, 07:51 AM
RE: Color - by admin - 08-22-2013, 08:54 AM
RE: Color - by Putncalls - 08-22-2013, 11:37 AM
RE: Color - by Palm - 08-22-2013, 11:57 AM
RE: Color - by ebster123 - 08-22-2013, 11:57 AM
RE: Color - by Palm - 08-22-2013, 12:08 PM
RE: Color - by admin - 08-22-2013, 12:17 PM
RE: Color - by ebster123 - 08-22-2013, 12:20 PM
RE: Color - by admin - 08-22-2013, 12:28 PM
RE: Color - by Palm - 08-22-2013, 01:18 PM
RE: Color - by Tree - 08-22-2013, 12:31 PM
RE: Color - by admin - 08-22-2013, 01:01 PM
RE: Color - by Putncalls - 08-22-2013, 12:46 PM
RE: Color - by Putncalls - 08-22-2013, 01:26 PM
RE: Color - by admin - 08-22-2013, 01:40 PM
RE: Color - by ebster123 - 08-22-2013, 08:58 PM
RE: Color - by ArtM72 - 08-22-2013, 11:03 PM
RE: Color - by ebster123 - 08-22-2013, 11:58 PM
RE: Color - by kommonsents - 08-23-2013, 01:51 AM
RE: Color - by Palm - 08-23-2013, 02:09 AM
RE: Color - by admin - 08-22-2013, 11:41 PM
RE: Color - by admin - 08-23-2013, 12:17 AM
RE: Color - by Tree - 08-23-2013, 12:31 AM
RE: Color - by cybersssss - 08-23-2013, 12:34 AM
RE: Color - by Thylacine-2 - 08-23-2013, 01:00 AM
RE: Color - by ebster123 - 08-23-2013, 02:24 AM
RE: Color - by Petrovale - 08-23-2013, 02:42 AM
RE: Color - by Putncalls - 08-23-2013, 03:14 AM
RE: Color - by admin - 08-23-2013, 03:50 AM
RE: Color - by Getitrt2 - 08-23-2013, 05:18 AM

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