12-11-2013, 07:13 AM
(This post was last modified: 12-11-2013, 07:18 AM by Libtardius Maximus.)
I agree with Tarules. Shorts know they can hold pps down for next 15-18 months and create all kinds of strawmen in the process. Todays leadoff hitter was the Tilson 9a article to keep the thumb in our eye while shorts raped the pps to cover and lunch money. I cannot comprehend that this is acceptable to IOC leadership other than they think the rigs will do the talking for them (which I think will happen) but that doesn't shorten any time horizons.
What we have here is a failed rollout and the short narrative of low gas if any, not as much if there is any it won't be more than 5.4T's for .77 cents, or .60 cents etc etc. This deal was supposed to be announced as 1.29 uncapped and was a massive failure. In time it will be a proven resource at the high end of the range, how high remains to be seen but I think we will all be pleased.
The question becomes will you wait for it.
What we have here is a failed rollout and the short narrative of low gas if any, not as much if there is any it won't be more than 5.4T's for .77 cents, or .60 cents etc etc. This deal was supposed to be announced as 1.29 uncapped and was a massive failure. In time it will be a proven resource at the high end of the range, how high remains to be seen but I think we will all be pleased.
The question becomes will you wait for it.