RE:ValueIt's all about the bought deal. The dilution doesn't help the stock. Until those 21-22 million shares are absorbed in the next few days the stock will probably not be moving much.
Then it may move up or down depending on POO or sentiment. Market will be in a "show me" phase on this one for a while and until RMP shows something (either improved reserves through EOR at Ante Creek which won't come until August or September or positive results from Gold Creek) the stock might be a bit directionless for a while.
I spoke with Investor Relations last week with respect to my question below-I misread the report: 68% of revenues (not volume) came from liquids in the 4th quarter which makes sense. News on Gold Creek could come in a few weeks or it may be delayed into June until further land sales (possibly purchases by RMP) take place. As much as I'd like the news earlier, I am preparing for it not to come until June now.
Patience will be required on this one.