I wonder if there really will be a vote in April as some are saying/hoping/speculating. We are so used to delays and setbacks, that any real good news or actual progress, ie: a positive vote and subsequent accord, would take most of us by surprise.
Recently, there has been a general malaise, punctuated by random meltdowns of the erstwhile faithful PLE'ers on this board. Frustration reigns, and reason seems to be unreasonable. This is understandable up to a point but I think the truth of the matter can be found somewhere in the fertile ground between despair and euphoria.
I have been a PLE investor for several years now. I have bought and sold shares many times but I have always kept a block of shares that I did not trade. To be honest, it would take a forensic accountant to figure out if I'm actually above or below water at this point.
What has always remained the same, is my belief that if we can ever get the social accord and drill the property, we will all be well rewarded financially. For a long time now, the question has been, will we get the accord, and if so, when will we get it?
Which brings me around to these posits. I still expect an accord. I still expect drilling. I still expect good drill results. I still expect a substantial profit. I still believe that Guy is doing everything he can to make this all happen. By the way, I also believe that he has not been very astute with his handling of shareholder communications.....and that is an understatement of epic proportions!
In the meantime, I am still here, hanging on the side of the precipice of despair with one hand, while admiring the beautiful little flower of euphoria in my other hand.
Ahhhh April. A good month for flowers? I certainly hope so.
Regards, Muffles
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