GREY:SDRYF - Post by User
Comment by
STE15165on Dec 11, 2013 11:02am
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Post# 21994248
RE:RE:RE:when will this company do a reverse split
RE:RE:RE:when will this company do a reverse split
That sounds great but they'll never use money at this stage for that. The next thing they will do is buy a parcel of land with huge potential. It will be costly for us relative to our cash flow but deals are out there and there on them. It will then take some time and money to map it out. While they are doing that they will drill at Shukheir Marine and so on. Eventually at some point they will do a buyback if everything goes well. They also could consolidate but the latter is always better. Anyways we are way below book value right now. If our next drill hole hits a good payload we are at 15-20 cents in a heart beat. Personally I'm excited and love the prospects 0f 2014. The market will always catch on to this and others that start to make money on their own that don't rely on institutions for raising money.
Cheers ,GLTA