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The property we were talking about was the one with 30 plus holes.He said they stopped drilling and are not going to drill anymore because they could not afford it with the dollar exchange. AND DO NOT FEAR if they do a joint venture THE SHAREHOLDERS LOOSE.The share price may go up a little with a resourse estimate,, but it sure will NOT be a $25.00 share because the estimate will be lower than expected. Like E Charters said,,,, why throw your jewels in the street? If these guys HAD IT,,,,,,,they would not be looking for money OR joint ventures. IF THEY HAD IT,,,, people and companies and SHAREHOLERS would be beating down their door to give them money to fully develop the property.IF THEY HAD IT,,, the share price would NOT have dropped from $8.15 to .45 cents or so. If THEY HAD IT RBC Dominion would not be dropping their target price on the company STEADY for the last year and a half. |
