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Far East Energy Corp. Message Board

  • drugdealgonbad drugdealgonbad Sep 16, 2013 10:25 PM Flag

    Dead dog

    Clearly the BOD has no stock in this co out of their own pockets.
    Look at the joke this cc was, no current productio info, nothing. And tha G D cc date.
    Mike u suck bags of hammers.

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    • DAMN! If only the cc was on 9/10 or 9/12, the sp would have gone up! Doesn't anyone get it??? This has always been an all or nothing stock. It's always been about production. They might have a JV or sell the company if and when they produce gas. If you can't stomach this concept, get out. Mike will not sell based on the share price - he'll sell on the value of the reserves which is a ton. They need to show that the gas can be had. If and when that happens, the share price will be well over $1 and, if they sell, it will be sold for at least triple that amount. If FEEC can't get the gas out of the ground, that's all she wrote. Has it been longer than I'd like? Yes. Is it still a risk? Yes. I took that risk at the very beginning (2003) and still am. The point is, I understood what I was getting into.

 
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