A friend stated this to me this AM

[jft310]

Please look at OSH when the PNGLNG deal was announced . It was a $3 Billion dollar market cap and is a $10 billion market

cap today , they have found zero new proven assets since the deal was announced . But Mr Market drives the stock price

higher. so no new proven assets and no LNG revenue yet , it's a 2014 event. Stock price had tripled.

Then we have IOC with more assets on PNG and a signed proposed LNG deal . The difference is IOC has this acreage with

over 3 million acres with 54 prospects and some with seismics that look quite promising. OSH not the same here they haven't

found nada  in years. It's fair to think IOC will rise the same way OSH has .

I was told to model costs of $15-16 billion for the LNG plant.

The point is the market anticipates future events sometimes right sometimes wrong

Real world look at the OSH chart . Please see my post about a month ago proving this point as measured over years not days

[ebster123]

JFT, chill

[CAC]

JFT, chill

*********

Tough to maintain much credibility when every event (regardless of whether it's objectively good, bad, or neutral) is spun into glowing praise. JFT (and some on Yazoo) comically remind me of the Iraqi foreign minister who never stopped saying that Iraq was destroying the US all throughout the war.

http://m.youtube.com/watch?v=yfAeMtcURg0&desktop_uri=%2Fwatch%3Fv%3DyfAeMtcURg0

[admin]

It would be that much more impressive if one disagrees with a particular post (to which one is perfectly entitled, needless to say), to take on the issue, rather than the person.

I was sort of hoping that we established a nice tradition doing this here..

[Ass0ciatedPress]

It would be that much more impressive if one disagrees with a particular post (to which one is perfectly entitled, needless to say), to take on the issue, rather than the person. I was sort of hoping that we established a nice tradition doing this here..

Admin,

With all due respect when people have challenged the words that JFT says and get ridiculed and lambasted by it saying they "just don't know" it destroys that sort of judgement call. There are countless examples that we could find on this board alone but I have no time nor patience to engage in such an activity.

[admin]

While I would agree with the fact that I'm a lousy board cop, the placement of my reminder shouldn't be taken as a clue on me taking sides.

It goes both ways, Ass0. It very much holds for JFT, or whoever else. It's just way more effective to take on an issue if you disagree with it, rather than the one making the issue.