Not so sure Daz.in my experience of 3 years on these type of forums that the drampers outnumber the rampers.
Also that "supporters" posts seem to be scrutinised more than drampers..
Actually I dont quite know why people who hold stock are called rampers.
What else would you do but want talk the stock up??
True rampers and drampers have a more sinister motives ( ie to influence you to buy or sell)
Not so sure Daz.
It seems clear to me that the bulk of posters on stock forums are lay people who are not professional investors. Non professionals are too emotional about their money and stocks and thus there is an irrational exhuberance both when a stock goes up, and down.
What is important is that if a stock is talked up, then it needs to be backed with some FA and/or TA. When it's not, and can't be, then it is pure and utter ramping. And reverse for dramping.
That is why ASF demands some attempted FA and/or TA to support any form of excitement about a stock.
sharemadder
the last report said this
Paradox Basin #2 is currently at 13,318’ in the Barker Creek Formation. A PDC bit was used to drill out from 12,967’ which required an additional trip. The PDC bit was replaced by a button bit at 12,935’ as rates of penetration were too low. The current trip out of the hole is the third since drilling the shoe and this has lead to some overruns in the expected drilling times. Due to the depth of the well trip times are approximately 24 hours. Drilling is expected to resume later today.
3 trips are very expensive, is it possible there is some blockage down there?
when it goes wrong in a drill the costs can be extremely high.. looking at $100,000 per day for the rig at least out there in the isolated regions of utah... in no time your going to make the speculators nervous..
imho 3 trips is very unusual, i was very curious why the sp did not tank on the new myself. pilots mentioned a little about the drill bit and was shot down in flames for having said anything, but you have to admit 3 trips is showing you there is a problem down there surely?
how do you view the current well repair operations? with gdn putting in daily reports on how wonderful the operation is going, with world best practices etc etc.. and most oilers knowing that in any well there is rarely a well completed trouble free, surely the glow comes off when you hit a snag when the reports are all designed to give you that comfortable secure feeling that nothing is going wrong.. it the use of daily reports getting gdn unstuck here? are the holders edgy and jumpy?
is it feasible the 3 trips are indicating a well problem?
pilots,
"This tells me it can only be two things ONLY. One Rick and the drilling contractor knows jack poo about drilling, (which I doubt). No Two, the formation is completely different to the first well, this tells me it has had fault lines between one and two, this being the case, you can kiss the Gas good by. "
Your points 1 and 2 both say the well is a duster right?
D49, I two find it strange, I would say that they could have stopped drilling for some reason, or what I believe could all so be the answer is that if I had to raise more money, he would be the best man to take to the backers to tell about the drilling ahead, no one at GDN can do this, my thoughts ONLY.Ricky De would have had to have caught a flight in LA or SF on Monday our time to be in Perth ATM.
They had only just stated the redrilling on Mon arvo, why would he fly home?
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