Post by
jmcoil on Jun 26, 2013 4:20pm
Unbelievable
Let me see ....pipeline well underway and production set to rise by about 3x in the fall. Dividend announced loan secured to further operation growth or perhaps for other reasons.
A series of great news releases and we can barely scratch 1.5.
People selling are crazy. The junior resource market is behaving as if none of the companies have value. Hard to fight these headwinds even when the company performs well and pays a whopping dividend.
Thankfully I don't need to sell as the divi keeps me well supplied in cash but wow this junior market is in the tank.
Cheers
Comment by
bobby1231 on Jun 26, 2013 4:44pm
We wait to see what Wade has in his right sleeve tomorrow.
Drilling
Merger
London listing
Shell or Chevron property bid
Crude handling agreement
One problem we have right now is that there are too many cheap stocks to buy.IMO