RE: The 4FUN effectThanks Fredski
Land bank value!
A very good friend of mine, formerly with Petro Canada had told me long ago just hold on to the stock as eventually the play will be drilled by someone and the value recognized. He also bought the stock after our conversation and has encouraged me to view it as land value. Look at many of the junior oil explorers in the Baaken. Even though they may not a have a single well their shares have risen sharply. This is the same for Mooncor. The high liquids make this very economic even at low gas prices which may now be recognised by the indrustry now that a third party technical report has been released.
We need the company to emphasize this on their website. They can't control the pace for a JV but they can at least promote the value of their land.