Sorry for the delay in responding. I've been gon
Post# of 39368
Sorry for the delay in responding. I've been gone all day - yoga class then golf. Retirement is awesome. When we visited Belize there was a geologist as well as several employees on site. We were at the well site the last Friday in January 2012 late morning/early afternoon. They allegedly hit oil late Friday afternoon a few hours after we left. We revisited the site Saturday morning. We saw a lot of happy faces and they were pulling the pipe up from the well. (From what I hear this is the next step after you hit oil). In my opinion they hit oil in Belize which is why I have several million more shares now then when I left for New Orleans and Belize in January 2012.
West Texas also has a geologist onsite. I assume the soil samples tell the geologist whether there is or is not oil.
If this was fraud the principles would be selling. From what I hear management is truly invested in this stock. If this was a fraud, management would have busted-out with the funds not put their own money in.
By the way, I did not know Bull or anyone in management prior to January 2012. When Bull mentioned on a message board that he was going to Belize I asked if I could go and do my own due diligence. I flew to New Orleans and I met Andrew before Bull, Mo, and I went to Belize.